Leased Warehouse Unit for
20841 Johnson Street #108 Pembroke Pines, FL
20841 Johnson Street #108, Pembroke Pines, FL, 00000
$1,100,000
For Sale
$1,100,000
Own a leased warehouse unit with about three years remaining, offering straightforward occupancy for an investor buyer.
Property Size3,000 SF
Price / SF$366.67
Days on Market47
Property Features for 20841 Johnson Street #108
General Information
- Standard status
- Active
- Size
- 3,000 SF
Building Details
- Year Built
- 2005
Listing Agency
LPT Realty, LLC
(954) 589-8763
Listed by
Elkin Sanchez · License #3554939
(954) 589-8763
Source
Laerrealty
Added: Jun 4 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 6:52 am
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This offering is a 3,000-square-foot warehouse unit presented as an ownership opportunity with existing in-place tenancy. The space is currently leased and includes approximately three years of remaining term, creating an income-producing asset from day one. The property is offered for sale as a turn-key warehouse investment unit.
The warehouse is located in Pembroke Pines at 20841 Johnson Street, #108. Public remarks indicate the property is near major highways, supporting convenient access for operational needs and logistics.
For investors seeking a warehouse asset with a defined remaining lease period, this unit provides a practical path to ownership without requiring immediate tenant turnover. For owner-users, the structure offers a warehouse footprint within an area described as having limited industrial warehouse ownership availability, while the current lease would need to be evaluated relative to the buyer’s timeline. Interested parties can schedule a private tour to review the leased premises and confirm details of the current occupancy.
The warehouse is located in Pembroke Pines at 20841 Johnson Street, #108. Public remarks indicate the property is near major highways, supporting convenient access for operational needs and logistics.
For investors seeking a warehouse asset with a defined remaining lease period, this unit provides a practical path to ownership without requiring immediate tenant turnover. For owner-users, the structure offers a warehouse footprint within an area described as having limited industrial warehouse ownership availability, while the current lease would need to be evaluated relative to the buyer’s timeline. Interested parties can schedule a private tour to review the leased premises and confirm details of the current occupancy.
Key Highlights
- 3,000 SF warehouse built in 2005
- Unit is currently leased with approximately 3 years remaining
- Leased warehouse provides near‑term rental income for an investor buyer
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 | $54.0k | $18.00 |
| − Vacancy | −$2.2k | −$0.72 |
| EGI | $51.8k | $17.28 |
| − OpEx | −$7.8k | −$2.59 |
| NOI | $44.1k | $14.69 |
3,000 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$629.5K
$550.8K – $734.4K
NOI $44,064 @ 7.0% cap · market cap 4.01%
Second Best
Industrial
$550.1K
$481.3K – $641.8K
NOI $38,506 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,194 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Own a leased warehouse unit with about three years remaining, offering straightforward occupancy for an investor buyer.
Where is this warehouse located?
The property is located at 20841 Johnson Street #108 Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,000 SF warehouse built in 2005; Unit is currently leased with approximately 3 years remaining; Leased warehouse provides near‑term rental income for an investor buyer
