11931-11971 NW 37th St Coral Springs, FL
Class A office/warehouse space in Coral Springs Corporate Park.
Property Features for 11931-11971 NW 37th St
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.05 Acres
- Property subtype
- INDUSTRIAL
Listing office Total Real Estate Consultants Inc (954) 224-8773
Listing date Dec 28, 2019
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 Total Real Estate Consultants Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Class A office/warehouse space, perfect for a variety of business needs.
- The space is designed with 80% office and 20% warehouse/storage, offering a flexible layout.
- Located in the desirable Coral Springs Corporate Park.
Local Financial Insights For Warehouse
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 | $87.7k | $20.40 |
| − Vacancy | −$3.8k | −$0.88 |
| EGI | $83.9k | $19.52 |
| − OpEx | −$12.6k | −$2.93 |
| NOI | $71.4k | $16.59 |
Alternative Uses
Property Analytics
Current Use by Public Records
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