Dock-High Industrial
2401 Southwest 145th Avenue, Miramar, FL 33027
For Sale
New
$6,880,000
A commercial-zoned facility configured for light industrial owner-users, with office space and on-site parking.
Property Size32,000 SF
Lot Size0.73 Acres
Price / SF$215
Days on Market3
Property Features for 2401 Southwest 145th Avenue
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Additional Details
Highway Access
Building Details
Buildings
Building Size
Construction
Listing Agency:
CBRE - Fort Lauderdale
Listed By:
Larry Genet · License FL BK3126847
(786) 496-0440
Source:
Cbre
Added: Nov 8
Last Checked: Nov 10 at 6:21AM
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 CBRE - Fort Lauderdale
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Investment Insights
Based on property information with market context.
Monarch Commerce Center is a concrete-block industrial building with a Twin-T roof, 24-foot clear heights and seven dock-high doors. The approximately 32,000-square-foot facility includes about 5,800 square feet of office space and sits on 0.73 acres. On-site parking accommodates employee and sales staff vehicles as well as fleet or storage needs. Commercial zoning and the stated light industrial owner-user configuration round out the property’s functional features.
The site is in Miramar, less than two miles east of I-75 via Miramar Parkway. Fort Lauderdale-Hollywood International Airport, Port Everglades, Miami International Airport and Port of Miami are each within 25 miles.
The site is in Miramar, less than two miles east of I-75 via Miramar Parkway. Fort Lauderdale-Hollywood International Airport, Port Everglades, Miami International Airport and Port of Miami are each within 25 miles.
Key Highlights
- Seven dock‑high doors
- ±32,000 SF building on ±0.73 acres
- 24' clear heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$441,081
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,821,620
$8.8M
Cap Rate 7%
$6,301,157
$6.3M
Cap Rate 9%
$4,900,900
$4.9M
Market Conditions
NOI Build-Up for 32,000 SF
Gross rent
$549.1K $17.16/SF
− Vacancy
−$30.2K −$0.94/SF
EGI
$518.9K $16.22/SF
− OpEx
−$77.8K −$2.43/SF
NOI
$441.1K $13.78/SF
Area
Miramar, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,821,620
Cap Rate 7%
$6,301,157
Cap Rate 9%
$4,900,900
Alternative Uses
Best Use
Warehouse
$6.30M
$5.51M – $7.35M
NOI $441,081 @ 7.0% cap · market cap 6.41%
Second Best
Industrial
$5.19M
$4.54M – $6.05M
NOI $363,243 @ 7.0% cap · market cap 5.28%
Theoretical Best
Specialty Retail
$14.89M
$13.03M – $17.37M
NOI $1,042,433 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
24 ft
Clear height
7
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33027, FL
63,726
Population
26,247
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
4,756
Density / Sq Mi
$73,450
Median Household Income
$50,689
Median Earnings
$1,788
Median Rent
$403,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Broward County, FL
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - A commercial-zoned facility configured for light industrial owner-users, with office space and on-site parking.
Where is this warehouse located?
The property is located at 2401 Southwest 145th Avenue Miramar, FL.
What is the asking price?
The asking price for this property is $6,880,000.
What are key features of this property?
This property features: Seven dock‑high doors; ±32,000 SF building on ±0.73 acres; 24' clear heights
