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Lauderhill Warehouse with Flexible Leases

1109 NW 31st Ave Lauderhill, FL

1109 NW 31st Ave, Lauderhill, FL, 00000
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Warehouse with excellent street exposure and flexible lease terms.

Property Size7,381 SF
Lot Size0.41 Acres
Price / SF$325.16
AddedAug 14, 2025
Days on Market336
Last RefreshMay 20 at 8:45 pm

Property Features for 1109 NW 31st Ave

General Information

Standard status
Active
Size
7,381 SF
Lot size
0.41 Acres
Property subtype
INDUSTRIAL

Listing office Level Realty

Listing date Aug 14, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Level Realty


Investment Insights

Based on property information with market context.

This 7,381 square foot property is located in Lauderhill, Florida. It offers excellent street exposure directly off Sunrise Boulevard. The property features ample on-site parking for staff and customers, along with 12 roll-up doors to facilitate logistics. It provides quick access to I-95 and Florida’s Turnpike and is located minutes from Port Everglades. The location is also close to Tri-Rail and Brightline stations, providing additional transportation options. The property's tenants have leases that are bilaterally cancelable no later than 30 days prior to the end of the term. The property is situated near busy W Sunrise Blvd, offering easy access to the Fort Lauderdale market. The property can be used as a warehouse, industrial property, or flex space.

Key Highlights

  • Excellent street exposure directly off Sunrise Blvd.
  • Ample on‑site parking for staff and customers
  • 12 roll‑up doors for seamless logistics

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $265.7k $36.00
− Vacancy −$15.9k −$2.16
EGI $249.8k $33.84
− OpEx −$87.4k −$11.84
NOI $162.4k $22.00
7,381 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,352 @ 7.0% cap · market cap 6.76%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,758 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M (±1% cap)
NOI $262,128 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Similar Off Market Nearby

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FAQs

What type of property is this?
Warehouse - Warehouse with excellent street exposure and flexible lease terms.
Where is this warehouse located?
The property is located at 1109 NW 31st Ave Lauderhill, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Excellent street exposure directly off Sunrise Blvd.; Ample on‑site parking for staff and customers; 12 roll‑up doors for seamless logistics
Contact an agent
(973) 738-9399 Call to check price and availability
More about this property
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