Flex Warehouse with Roll-Up
For Sale
Contact for pricing
3660 Nw 126th Ave, Coral Springs, FL 33065
Flex unit offers reception, office buildout, and warehouse space with an 18' clear ceiling height.
Property Size1,457 SF
Price / SF$355.53
Days on Market83
Property Features for 3660 Nw 126th Ave
General Information
Standard status
Active
Size
1,457 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Listing Agency:
Total Real Estate Consultants Inc
(954) 341-3294
Listed By:
Joe Pelayo · License #3005451
(954) 224-8773
Source:
Moodyscre
Added: Jun 22
Changed: Sep 2
Last Checked: Sep 11 at 4:40AM
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 Total Real Estate Consultants Inc
Investment Insights
Based on property information with market context.
For sale in Coral Springs Corporate Park: Unit 7 is a flex warehouse opportunity totaling 1,457 +/- square feet. The space is approximately 45% office and 55% warehouse, featuring a welcoming reception area and one roll-up garage door providing access to the warehouse portion.
The warehouse has an 18' clear ceiling height. Unit 7 is vacant and available for immediate move-in upon closing. Easy access to Sawgrass Expressway is noted in the listing.
The current configuration supports a combination of customer-facing or administrative space alongside warehouse operations within a single unit.
The warehouse has an 18' clear ceiling height. Unit 7 is vacant and available for immediate move-in upon closing. Easy access to Sawgrass Expressway is noted in the listing.
The current configuration supports a combination of customer-facing or administrative space alongside warehouse operations within a single unit.
Key Highlights
- Unit 7 for sale in Coral Springs Corporate Park, 1,457 +/- SF total
- Flex layout is about 45% office and 55% warehouse
- Reception area plus office buildout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,178
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,560
$483.6K
Cap Rate 7%
$345,400
$345.4K
Cap Rate 9%
$268,644
$268.6K
Market Conditions
NOI Build-Up for 1,457 SF
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.
Gross rent
$29.7K $20.40/SF
− Vacancy
−$1.3K −$0.88/SF
EGI
$28.4K $19.52/SF
− OpEx
−$4.3K −$2.93/SF
NOI
$24.2K $16.59/SF
Area
Coral Springs, FL
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,560
Cap Rate 7%
$345,400
Cap Rate 9%
$268,644
Alternative Uses
Best Use
Office B
$1.96M
$1.71M – $2.28M
NOI $137,040 @ 7.0% cap · market cap 26.46%
Second Best
Warehouse
$345.4K
$302.2K – $403.0K
NOI $24,178 @ 7.0% cap · market cap 4.67%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,922 @ 7.0% cap · market cap 33.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex unit offers reception, office buildout, and warehouse space with an 18' clear ceiling height.
Where is this flex space located?
The property is located at 3660 Nw 126th Ave Coral Springs, FL.
What is the asking price?
The asking price for this property is $518,000.
What are key features of this property?
This property features: Unit 7 for sale in Coral Springs Corporate Park, 1,457 +/- SF total; Flex layout is about 45% office and 55% warehouse; Reception area plus office buildout
