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20861 Johnson St Unit 105, Pembroke Pines, FL, 33029
Office/Warehouse Unit with Two Offices

20861 Johnson St Unit 105 Pembroke Pines, FL 33029

For Sale
$550,000
Pending

Ready-to-occupy office/warehouse unit includes two offices, a full bathroom, and kitchenette, with two assigned front parking spaces.

Property Size2,991 SF
Days on Market2281

Property Features for 20861 Johnson St Unit 105

General Information

Standard status Pending
Size 2,991 SF
Property subtype General Commercial

Building Details

Year Built 2002
Listing Agency: United Realty Group Inc
Listed By: Evelyn Amador
Source: Xome
Added: May 1, 2020 Changed: Jul 27 Last Checked: Jul 27 at 10:11AM

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 United Realty Group Inc

Investment Insights

Based on property information with market context.

This for-sale office/warehouse unit is in very nice, perfect condition and designed for immediate occupancy. The layout includes two offices, a full bathroom, and a kitchenette, supporting both business operations and day-to-day administrative needs.

The unit is located within the Chapel Trail Trade Center, with easy access to US 27, I-75, and I-95. Parking is practical for visitors and employees, with two assigned spaces located right in front of the unit along with several visitor spaces.

Overall, it offers a self-contained work setup that combines office space with warehouse utility inside a trade center environment.

Key Highlights

  • Ready‑to‑occupy office/warehouse unit in Chapel Trail Trade Center
  • Two offices plus a full bathroom and kitchenette
  • Two assigned parking spaces right in front of the unit

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 $71.8k $24.00
− Vacancy −$3.9k −$1.32
EGI $67.8k $22.68
− OpEx −$23.7k −$7.94
NOI $44.1k $14.74
2,991 SF · lease $24.00/SF/yr · vacancy 5.50% · expense 35.00%

Alternative Uses

Best Use
Office B
$839.9K
$734.9K – $979.9K (±1% cap)
NOI $58,791 @ 7.0% cap · market cap 10.69%
Second Best
Flex RnD
$629.9K
$551.2K – $734.9K (±1% cap)
NOI $44,093 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,926 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Flex space

Frequently Asked Questions

What type of property is this?
Flex space - Ready-to-occupy office/warehouse unit includes two offices, a full bathroom, and kitchenette, with two assigned front parking spaces.
Where is this flex space located?
The property is located at 20861 Johnson St Unit 105 Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Ready‑to‑occupy office/warehouse unit in Chapel Trail Trade Center; Two offices plus a full bathroom and kitchenette; Two assigned parking spaces right in front of the unit
More about this property
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