Freestanding Industrial
2116 Sherman St Hollywood, FL 33020
For Sale
Contact for pricing
Freestanding industrial property with warehouse, office space, 18' clear height, and one drive-in door.
Property Size8,439 SF
Price / SF$331.79
Days on Market8
Property Features for 2116 Sherman St
General Information
Standard status
Active
Size
8,439 SF
Property subtype
INDUSTRIAL
Listing Agency:
Berger Commercial Realty Corp - Fort Lauderdale
(954) 802-6031
Listed By:
Jordan Beck · License #SL3444296
(954) 802-6031
Source:
Moodyscre
Added: Jul 22
Changed: Jul 27
Last Checked: Jul 28 at 3:44PM
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 Berger Commercial Realty Corp - Fort Lauderdale
Investment Insights
Based on property information with market context.
This freestanding industrial building offers a functional industrial/manufacturing layout with 5,133 SF of warehouse space and 3,306 SF of office space within an 8,439 SF total building footprint. The facility features 18' clear height, one drive-in door, and 3-phase power.
The property is situated on a 14,180 SF lot and includes nine surface parking spaces. It is zoned DH-3 by the City of Hollywood and is described as having convenient access to major transportation routes.
The site is improved as an industrial/manufacturing facility and provides an on-site office component alongside warehouse operations, supported by warehouse clear height and drive-in access.
The property is situated on a 14,180 SF lot and includes nine surface parking spaces. It is zoned DH-3 by the City of Hollywood and is described as having convenient access to major transportation routes.
The site is improved as an industrial/manufacturing facility and provides an on-site office component alongside warehouse operations, supported by warehouse clear height and drive-in access.
Key Highlights
- 8,439 SF freestanding industrial building with 5,133 SF warehouse and 3,306 SF office
- 18' clear height with one drive‑in door
- 3‑phase power and functional industrial/manufacturing layout
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 | $162.0k | $19.20 |
| − Vacancy | −$14.6k | −$1.73 |
| EGI | $147.4k | $17.47 |
| − OpEx | −$51.6k | −$6.12 |
| NOI | $95.8k | $11.36 |
8,439 SF · lease $19.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.37M
$1.20M – $1.60M
NOI $95,840 @ 7.0% cap · market cap 3.42%
Second Best
Warehouse
$1.30M
$1.14M – $1.51M
NOI $90,898 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,094 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- SUSHI CAFE CATERING — 1310 N Dixie Hwy, Hollywood, FL 33020
- South Florida Ice Cream Trucks — 361 E Sheridan St #102, Dania Beach, FL 33004
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding industrial property with warehouse, office space, 18' clear height, and one drive-in door.
Where is this flex space located?
The property is located at 2116 Sherman St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 8,439 SF freestanding industrial building with 5,133 SF warehouse and 3,306 SF office; 18' clear height with one drive‑in door; 3‑phase power and functional industrial/manufacturing layout
