Back to Search
Multi-Tenant Industrial Facility with Offices

950 S Andrews Ave Pompano Beach, FL 33069

Claim this Listing
New
For Sale
$6,250,000

Industrial flex building offers 14'–16' clear heights, grade-level loading, and second-floor office space on a fenced lot.

Type:Industrial
Property size:
23,938 SF
Lot size:
1.43 Acres
Price / SF:
$261/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 9 at 2:36 am

Property Features for 950 S Andrews Ave

General Information

Standard status
Active
Size
23,938 SF
Lot size
1.43 Acres
Property subtype
Industrial

Listing office Lee & Associates | Miami

Listing date Jul 9, 2026

Source Lee-associates

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 Lee & Associates | Miami


Investment Insights

Based on property information with market context.

Aquathin Business Centre is a multi-tenant industrial flex property totaling 23,938 SF on an approximately 1.43 AC fenced lot. The building is configured to serve multiple tenants and includes 14'-16' clear ceiling heights, three-phase power, and a functional layout supported by second-floor office space. Operationally, the site features grade-level loading with seven grade-level loading doors, along with on-site surface parking for 75+ vehicles. On-site signage opportunities are also available.

The property fronts Andrews Ave in Pompano Beach and is zoned I-1 Industrial. It offers convenient access to regional transportation and major roadways, with being minutes to Tri-Rail Station and I-95, and approximately 20 minutes to Fort Lauderdale International Airport.

Key Highlights

  • 23,938 SF industrial/flex building on 1.43 AC (62,291 SF) fenced lot
  • 14'-16' clear ceiling height with three‑phase power and functional multi‑tenant layout
  • Grade‑level loading with 7 grade‑level loading doors

Local Financial Insights For Office B

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 $741.1k $30.96
− Vacancy −$111.2k −$4.64
EGI $630.0k $26.32
− OpEx −$157.5k −$6.58
NOI $472.5k $19.74
23,938 SF · lease $30.96/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.75M
$5.91M – $7.87M (±1% cap)
NOI $472,464 @ 7.0% cap · market cap 7.56%
Second Best
Flex RnD
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,285 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$9.34M
$8.17M – $10.89M (±1% cap)
NOI $653,507 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Dental Office Pharmacy Gym & Fitness Center Parking Lot & Garage Cafe & Coffee Shop Grocery & Convenience Store Garden Center Daycare Center Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Hitch Booth — 1831 S Dixie Hwy, Pompano Beach, FL 33062
  • Infused Catering — 1790 SW 13th Ct, Pompano Beach, FL 33069
  • The Catering Group — 121 SW 5th St, Pompano Beach, FL 33060
  • Affairs D'Elegance / TCG Catering — 121 sw 5th st, pompano beach, fl 33060

FAQs

What type of property is this?
Flex space - Industrial flex building offers 14'–16' clear heights, grade-level loading, and second-floor office space on a fenced lot.
Where is this flex space located?
The property is located at 950 S Andrews Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 23,938 SF industrial/flex building on 1.43 AC (62,291 SF) fenced lot; 14'-16' clear ceiling height with three‑phase power and functional multi‑tenant layout; Grade‑level loading with 7 grade‑level loading doors
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message