Industrial Flex Building with
For Sale
$4,350,000
2600 SW 3rd Ave., Fort Lauderdale, FL 33315
Gated storage, drive-in loading, and access from three streets support a range of industrial operations.
Property Size6,650 SF
Lot Size0.73 Acres
Price / SF$725
Days on Market47
Property Features for 2600 SW 3rd Ave.
General Information
Standard status
Active
Size
6,650 SF
Net Rentable
6,000 SF
Lot size
0.73 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Three-Phase Power
Yes
Heavy Power
Yes
Building Details
Building Size
6,650 SF
Buildings
2
Tenancy
Multi
Listing Agency:
Lee & Associates | Broward/Palm Beach
Listed By:
Greg Milopoulos · License ##BK3121415
(954) 558-1220
Source:
Lee-associates
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 19 at 5:24AM
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 Lee & Associates | Broward/Palm Beach
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Investment Insights
Based on property information with market context.
This flex property combines office, warehouse, loading, parking, and secured outdoor storage improvements across a contiguous 0.73-acre, five-parcel assemblage. The site includes multiple ingress and egress points from three streets, drive-in loading doors, heavy 3-phase power, and a 2,200 SF shade structure over a loading and staging area. Recent seal coating and striping enhance the paved areas.
The East IOS and North Building are leased and include 1,300 SF of office/retail space, 1,000 SF of warehouse space, and a fully gated IOS yard. The South Building is vacant, with 3,800 SF of office space, 550 SF of warehouse space, and additional outdoor area beneath the shade structure. Industrial zoning supports light distribution and service-oriented operations. The property is located at 2600 SW 3rd Avenue in Fort Lauderdale, minutes from Port Everglades and Hollywood International Airport.
The East IOS and North Building are leased and include 1,300 SF of office/retail space, 1,000 SF of warehouse space, and a fully gated IOS yard. The South Building is vacant, with 3,800 SF of office space, 550 SF of warehouse space, and additional outdoor area beneath the shade structure. Industrial zoning supports light distribution and service-oriented operations. The property is located at 2600 SW 3rd Avenue in Fort Lauderdale, minutes from Port Everglades and Hollywood International Airport.
Key Highlights
- 0.73‑acre contiguous five‑parcel assemblage
- Multiple ingress and egress points across three streets
- Fully gated outdoor storage yard and parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,368
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,447,360
$3.4M
Cap Rate 7%
$2,462,400
$2.5M
Cap Rate 9%
$1,915,200
$1.9M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$273.6K $45.60/SF
− Vacancy
−$43.8K −$7.30/SF
EGI
$229.8K $38.30/SF
− OpEx
−$57.5K −$9.58/SF
NOI
$172.4K $28.73/SF
Area
Fort Lauderdale, FL
Vacancy
16.00%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,447,360
Cap Rate 7%
$2,462,400
Cap Rate 9%
$1,915,200
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $172,368 @ 7.0% cap · market cap 3.96%
Second Best
Warehouse
$1.42M
$1.25M – $1.66M
NOI $99,670 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$4.03M
$3.53M – $4.70M
NOI $282,240 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,745
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Flex space - Gated storage, drive-in loading, and access from three streets support a range of industrial operations.
Where is this flex space located?
The property is located at 2600 SW 3rd Ave. Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 0.73‑acre contiguous five‑parcel assemblage; Multiple ingress and egress points across three streets; Fully gated outdoor storage yard and parking
