Coral Springs Office/Warehouse
For Sale
Contact for pricing
3651 NW 120th Ave, Coral Springs, FL 33065
2,000–10,000 Sq. Ft. Office/Warehouse in Coral Springs Corporate Park.
Property Size100,000 SF
Price / SF$0.00
Days on Market188
Property Features for 3651 NW 120th Ave
General Information
Standard status
Active
Size
100,000 SF
Listing Agency:
Fidelity Real Estate Group LLC
Listed By:
Carlos A Montoya · License #0623048
(954) 326-4868
Source:
Thepennteam
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 1:16PM
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 Fidelity Real Estate Group LLC
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Investment Insights
Based on property information with market context.
Available office/warehouse space ranging from 2,000 to 10,000 square feet is located in the heart of Coral Springs Corporate Park. The building features 14-foot ceilings and multiple 12' x 12' grade-level roll-up doors, with parking available for over 50 vehicles. The fully air-conditioned layout includes a flexible open-plan warehouse, private offices, conference rooms, a full kitchen, and restrooms. The property also offers 3-phase, 240V power. Located minutes from Sawgrass Expressway and the Turnpike.
Key Highlights
- Flexible 2,000–10,000 Sq. Ft. Office/Warehouse Space
- Located in Coral Springs Corporate Park, minutes to Sawgrass Expressway and Turnpike
- Multiple 12' × 12' Grade‑Level Roll‑Up Doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,268,982
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,379,640
$25.4M
Cap Rate 7%
$18,128,314
$18.1M
Cap Rate 9%
$14,099,800
$14.1M
Market Conditions
NOI Build-Up for 100,000 SF
Gross rent
$2.04M $20.40/SF
− Vacancy
−$87.7K −$0.88/SF
EGI
$1.95M $19.52/SF
− OpEx
−$683.3K −$6.83/SF
NOI
$1.27M $12.69/SF
Area
Coral Springs, FL
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,379,640
Cap Rate 7%
$18,128,314
Cap Rate 9%
$14,099,800
Alternative Uses
Best Use
Industrial
$19.52M
$17.08M – $22.78M
NOI $1,366,596 @ 7.0% cap · market cap 6,211,800.00%
Second Best
Flex RnD
$18.13M
$15.86M – $21.15M
NOI $1,268,982 @ 7.0% cap · market cap 5,768,100.00%
Theoretical Best
Specialty Retail
$170.53M
$149.21M – $198.95M
NOI $11,937,024 @ 7.0% cap · market cap 54,259,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- DEFANCY — 3257 NW 118th Dr, Coral Springs, FL 33065
- YupiPops — 12201 NW 35th St, Coral Springs, FL 33065
- Door To Door Catering Inc — 7041 W Commercial Blvd, #6d, Tamarac, FL 33319
- JULIANS ON WHEELS — 11570 Wiles Rd, Coral Springs, FL 33076
Frequently Asked Questions
What type of property is this?
Flex space - 2,000–10,000 Sq. Ft. Office/Warehouse in Coral Springs Corporate Park.
Where is this flex space located?
The property is located at 3651 NW 120th Ave Coral Springs, FL.
What are key features of this property?
This property features: Flexible 2,000–10,000 Sq. Ft. Office/Warehouse Space; Located in Coral Springs Corporate Park, minutes to Sawgrass Expressway and Turnpike; Multiple 12' × 12' Grade‑Level Roll‑Up Doors
