Recently Remodeled
For Sale
Contact for pricing
Pending
2800 Gateway Dr, Pompano Beach, FL 33069
Recently remodeled warehouse with wet sprinklers, grade-level dock, and 14–16’ clear ceiling height.
Property Size39,294 SF
Lot Size2.86 Acres
Days on Market131
Property Features for 2800 Gateway Dr
General Information
Standard status
Pending
Size
39,294 SF
Lot size
2.86 Acres
Property subtype
INDUSTRIAL
Occupancy
100%
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Heavy Power
Yes
Sprinkler System
Yes
Listing Agency:
Green Capital Realty Advisors
(561) 998-2427
Listed By:
Steve Leeds
(561) 998-2427
Source:
Moodyscre
Added: Apr 21
Changed: Aug 8
Last Checked: Aug 28 at 1:05PM
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 Green Capital Realty Advisors
Investment Insights
Based on property information with market context.
Recently remodeled warehouse offering a clear ceiling height of 14’–16’, wet sprinkler protection, and a grade-level dock with one truckwell. Recent capital improvements include a new roof (2018), new plumbing (2020), and new AC (2019). The facility is supported by 3,000A 3-phase electric service and provides a 4:1,000 SF parking ratio.
This property is located at 2800 Gateway Dr in Pompano Beach, FL and totals 2.86 acres. The building is 100% leased, with tenants all deemed essential and reported as 100% current.
This property is located at 2800 Gateway Dr in Pompano Beach, FL and totals 2.86 acres. The building is 100% leased, with tenants all deemed essential and reported as 100% current.
Key Highlights
- Recently remodeled warehouse with new roof (2018), new plumbing (2020), and new AC (2019)
- 14’–16’ clear ceiling height for added storage and operating flexibility
- Wet sprinkler system plus 1 grade‑level dock and 1 truckwell
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$288,583
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,771,660
$5.8M
Cap Rate 7%
$4,122,614
$4.1M
Cap Rate 9%
$3,206,478
$3.2M
Market Conditions
NOI Build-Up for 39,294 SF
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.
Gross rent
$348.9K $8.88/SF
− Vacancy
−$9.4K −$0.24/SF
EGI
$339.5K $8.64/SF
− OpEx
−$50.9K −$1.30/SF
NOI
$288.6K $7.34/SF
Area
Pompano Beach, FL
Vacancy
2.70%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,771,660
Cap Rate 7%
$4,122,614
Cap Rate 9%
$3,206,478
Alternative Uses
Best Use
Warehouse
$4.12M
$3.61M – $4.81M
NOI $288,583 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.32M
$13.41M – $17.88M
NOI $1,072,726 @ 7.0% cap · market cap 25.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
100%
Occupancy
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,620
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Recently remodeled warehouse with wet sprinklers, grade-level dock, and 14–16’ clear ceiling height.
Where is this warehouse located?
The property is located at 2800 Gateway Dr Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,264,000.
What are key features of this property?
This property features: Recently remodeled warehouse with new roof (2018), new plumbing (2020), and new AC (2019); 14’–16’ clear ceiling height for added storage and operating flexibility; Wet sprinkler system plus 1 grade‑level dock and 1 truckwell
