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    Income Producing Small Bay Industrial Title is generated by Realmo AI

    2600-2650 NW 4th St, Fort Lauderdale, FL

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    Small bay industrial property with three tenants in Fort Lauderdale.

    Type:INDUSTRIAL
    Property size:
    3,659 SF
    Lot size:
    0.90 Acres
    Price / SF:
    $265/SF
    Added:
    Jun 27, 2024
    Days on Market:
    719
    Last Refresh:
    May 20 at 9:57 pm

    Property Features for 2600-2650 NW 4th St

    General Information

    Standard status
    Active
    Size
    3,659 SF
    Lot size
    0.90 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Jordan Beck
    Jordan Beck

    Listing agent Jordan Beck

    Listing office Berger Commercial Realty Corp - Fort Lauderdale

    Listing date Jun 27, 2024

    Source Moodyscre

    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

    HighLights

    • Income‑producing property with 3 tenants already in place.
    • Excellent location just west of I‑95 off Broward Blvd.
    • Minutes away from airports and downtown Fort Lauderdale.
    • Each bay is separately metered for electricity.
    • Each bay includes a small office and restroom.
    • Each bay has a rear overhead door.

    Overview

    The property at 2600-2650 NW 4th St, Fort Lauderdale, FL, is an income-producing small bay industrial property. It contains 3,659 square feet of flex space, industrial properties, warehouses, and other warehouse spaces. The property features three tenant bays, each separately metered for electricity and equipped with a small office, restroom, and rear overhead door. It is located just west of I-95 off of Broward Blvd, providing convenient access to airports and downtown Fort Lauderdale.

    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 $74.6k $20.40
    − Vacancy −$3.1k −$0.86
    EGI $71.5k $19.54
    − OpEx −$10.7k −$2.93
    NOI $60.8k $16.61
    3,659 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $868.3K
    $759.8K – $1.01M (±1% cap)
    NOI $60,782 @ 7.0% cap · market cap 6.27%
    Second Best
    Flex RnD
    $806.5K
    $705.7K – $941.0K (±1% cap)
    NOI $56,458 @ 7.0% cap · market cap 5.82%
    Theoretical Best
    Office A
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,119 @ 7.0% cap · market cap 17.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Branch Bistro Café and Catering, LLC — 2864 NW 8th St, Fort Lauderdale, FL 33311
    • Brother Gs Food Truck — 600 NW 27th Ave, Fort Lauderdale, FL 33311
    • Alexander Event Catering — 2551 NW 4th Ct, Fort Lauderdale, FL 33311
    • L&N Food Catering, LLC — 400 nw 31st ave, fort lauderdale, fl 33311

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1765
    Latitude
    26.1251

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    FAQs

    What type of property is this?
    Flex space - Small bay industrial property with three tenants in Fort Lauderdale.
    Where is this flex space located?
    The property is located at 2600-2650 NW 4th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: Income‑producing property with 3 tenants already in place.; Excellent location just west of I‑95 off Broward Blvd.; Minutes away from airports and downtown Fort Lauderdale.
    (954) 802-6031 Call to check price and availability
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    Contact for Pricing
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    and status of this listing Jordan Beck
    Jordan Beck
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