Lauderhill Industrial Condominium
3628 NW 16TH ST Lauderhill, FL 33311
3628 NW 16TH ST, Lauderhill, FL, 33311
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For Sale
Contact for pricing
Six contiguous industrial condo units totaling 7,560± SF for sale.
Property Size7,560 SF
Price / SF$337.30
Days on Market66
Property Features for 3628 NW 16TH ST
General Information
- Standard status
- Active
- Size
- 7,560 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1986
Listing Agency
Lee & Associates - Broward/Palm Beach
Listed by
C. Todd Everett, SIOR · License #FL SL3265231
Source
Crexi
Added: May 13 Checked: Jul 16 at 10:22 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 Lee & Associates - Broward/Palm Beach
Investment Insights
Based on property information with market context.
Located in central Broward County, ComCen Commerce Center offers six contiguous small-bay industrial condominium units totaling approximately 7,560 square feet in the Lauderhill industrial submarket. The property is positioned just east of US-441, providing convenient access to I-95, the Florida Turnpike, Port Everglades, and Fort Lauderdale-Hollywood International Airport. The property is suited for owner-users, investors, distributors, service operators, and light manufacturing businesses. The offering includes six grade-level loading doors and 15-foot clear ceiling heights. The layout is functional and flexible, accommodating a single user or multiple tenants. A majority of the space is built out as refrigerated/freezer warehouse space, creating an opportunity for food distribution, cold storage, or specialty industrial users. The property presents long-term upside, operational flexibility, and attainable industrial ownership in a connected Broward County location.
Key Highlights
- Rare opportunity to acquire six contiguous small‑bay industrial condominium units totaling 7,560± SF in central Broward County.
- Majority of space built out as refrigerated/freezer warehouse space, ideal for food distribution, cold storage, or specialty industrial users.
- Convenient access to I‑95, Florida Turnpike, Port Everglades, and Fort Lauderdale‑Hollywood International Airport.
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 | $123.4k | $16.32 |
| − Vacancy | −$6.8k | −$0.90 |
| EGI | $116.6k | $15.42 |
| − OpEx | −$17.5k | −$2.31 |
| NOI | $99.1k | $13.11 |
7,560 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.42M
$1.24M – $1.65M
NOI $99,104 @ 7.0% cap · market cap 3.89%
Second Best
Industrial
$1.17M
$1.02M – $1.36M
NOI $81,615 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$3.84M
$3.36M – $4.47M
NOI $268,485 @ 7.0% cap · market cap 10.53%
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 - Six contiguous industrial condo units totaling 7,560± SF for sale.
Where is this warehouse located?
The property is located at 3628 NW 16TH ST Lauderhill, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Rare opportunity to acquire six contiguous small‑bay industrial condominium units totaling 7,560± SF in central Broward County.; Majority of space built out as refrigerated/freezer warehouse space, ideal for food distribution, cold storage, or specialty industrial users.; Convenient access to I‑95, Florida Turnpike, Port Everglades, and Fort Lauderdale‑Hollywood International Airport.
