705 8Th AveFort Lauderdale, FL 33311
Two Warehouses, Prime Location, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Two adjacent warehouses totaling 14,500 square feet on a 22,031 square foot lot in Fort Lauderdale's Progresso neighborhood.
- Located at 705 and 709 NW 8th Ave, minutes from major areas like Las Olas and Downtown Fort Lauderdale.
- Zoned I-1, the property includes a 9,500 SF warehouse (five bays, three tenants) and a 5,000 SF warehouse (open layout, two dock-high doors, one tenant).
- Features 12-foot ceilings and eight dock-high doors; currently generating $211,300 NOI with a 5.09% cap rate.
- Asking price: $4,150,000; leases expiring in under two years, offering repositioning potential.
Property Details for 705 8Th Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 14,500 SF
- Buildings
- 2
Location Insight
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Latitude
- 26.1315308
- Longitude
- -80.1528148
Nearby Similar for Sale
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].