380 12Th AvePompano Beach, FL 33069

Property Details for 380 12Th Ave

Year built

1970

Construction

CONCRETE

Lot size

0.61 AC

Property size (Sq ft)

6,972 SF

Zone code

I-1

Property type

Industrial properties

Property subtype

Other warehouses

APN

49-42-02-00-0160

APU

494202000160

Description

This exceptional Pompano Beach industrial investment opportunity presents a 15,315 square foot building situated on a 26,549 square foot lot at 380 SW 12th Ave, Pompano Beach, FL 33069. The property, built in 1970, features two units, offering flexible leasing options and currently boasts 100% occupancy, ensuring immediate income generation. The building is classified as Class C and zoned I-1, suitable for various industrial uses. With a 14-foot ceiling height, the warehouse space is well-suited for a range of industrial tenants. The property benefits from a Net Net Net (NNN) lease structure and includes rent bumps, providing future income growth potential. Its prime location in Pompano Beach offers easy access to major transportation routes, ensuring efficient logistics. The property is well-maintained and ready for immediate use, featuring ample parking for tenants and visitors. This is a strong investment opportunity in a thriving Broward County location, offering a blend of coastal living and commercial activity. The property's solid construction and established tenancy make it an attractive proposition for discerning investors seeking a stable and appreciating asset. The multi-unit structure allows for diversification of income streams, minimizing risk and maximizing returns.

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2255

Longitude

-80.1384

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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