For Sale
$440,000

3056 State Road 7Miramar, FL 33023

High-yield flex warehouse, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully leased industrial property located at 3056 S State Road 7, #2B, in Miramar, Florida. The property consists of two individual warehouse units, each approximately 668 square feet, totaling 1,338 square feet. Both units are designed for efficient warehousing and distribution, featuring convenient street-level access for easy loading and unloading. Built in 1974, this property benefits from its strategic location along a major county corridor within a thriving commercial area, ensuring excellent accessibility and visibility. The property is currently under a modified lease agreement with a single tenant. The asking price is $440,000, representing a compelling 7.00% capitalization rate. This presents a strong return on investment for a buyer seeking a stable, income-producing asset in a prime South Florida location. The property's size and location make it ideal for a variety of industrial uses. This is a rare opportunity to acquire a well-located, fully leased industrial property with significant upside potential. The property is situated in Broward County, Florida, with a zip code of 33023.

Highlights

  • Fully leased industrial property in Miramar, FL.
  • Two 700 SF warehouses, ideal for warehousing and distribution, totaling 1,338 SF.
  • Each warehouse offers convenient street-level access.
  • Strategically located on a major county corridor within a thriving commercial area.
  • Asking price: $440,000, 7% cap rate, 668 SF (per unit), Modified Lease, Single Tenancy, Built in 1974.

Property Details for 3056 State Road 7

Property type
Warehouses, Industrial properties
Square Feet
668 SF
Year Built
1974

Location Insight

City
Miramar
County
Broward
State
Florida
Latitude
25.9830659
Longitude
-80.2077352
3056 State Road 7, Miramar, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3056 State Road 7
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message