3056 State Road 7Miramar, FL 33023

Property Details for 3056 State Road 7

Year built

1974

Property size (Sq ft)

667 SF

Property type

Industrial properties

Property subtype

Other industrial properties

Description

This 667-square-foot flex space industrial property in Miramar, Florida, presents a compelling value-add investment opportunity. Located at 3056 S State Rd 7, this Class B building, constructed in 1974, offers a unique blend of warehouse and office space. The warehouse area encompasses nearly 700 square feet, complemented by approximately 100 square feet of office space, making it suitable for various industrial uses, including warehousing and distribution. A significant feature is the existing non-conforming mezzanine, exceeding 500 square feet, providing substantial additional usable space. The property benefits from a convenient street-level door, ensuring efficient access and operations. Its strategic location along a major county corridor in a thriving commercial area offers high visibility and easy accessibility. The asking price is $240,000, translating to $359.82 per square foot. The lease is a gross lease with single tenancy, and the occupancy date is June 19, 2024. This property is ideal for businesses seeking a practical and potentially lucrative investment in a dynamic commercial hub. The property's combination of size, location, and existing features makes it a strong contender for a variety of industrial uses. The potential for increased value through improvements further enhances its investment appeal. This is a rare opportunity to acquire a well-situated flex space property in a high-demand area.

Location Insight

City

Miramar

County

Broward

State

Florida

Latitude

25.9831

Longitude

-80.2077

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