Flex Office-Warehouse
For Sale
$518,000
3660 NW 126th Ave 7, Coral Springs, FL 33065
Flex unit with reception office and a warehouse offering 18-foot clear height and roll-up door access.
Property Size1,457 SF
Price / SF$355.53
Days on Market50
Property Features for 3660 NW 126th Ave 7
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
Taxes and HOA fees
Annual Taxes
$4,825
Building Details
Building Size
1,457 SF
Year Built
1999
Listing Agency:
TOTAL R E CONSULTANTS INC
(954) 482-1330
Listed By:
Jordi Pelayo · License #3005451
(954) 482-1330
Source:
Elliman
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 12 at 6:25AM
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 R E CONSULTANTS INC
Investment Insights
Based on property information with market context.
Unit 7 is a 1,457 +/- square foot flex office-warehouse space located within Coral Springs Corporate Park. The layout includes a welcoming reception area and approximately 45% office buildout, with the remaining 55% dedicated to warehouse use. Operational access is supported by one roll-up garage door. The warehouse area benefits from an 18’ clear ceiling height.
The unit is positioned with easy access to Sawgrass Expressway, supporting practical driving access for business operations. Transit and walkability metrics indicate the area is primarily car-dependent, aligning with typical industrial and flex tenant needs.
This configuration is well suited for tenants seeking a combined front-office and warehouse environment, such as light logistics, service-oriented distribution, or businesses that need dedicated reception space alongside functional warehouse volume. Unit 7 is currently vacant and available for immediate move-in upon closing, allowing for a straightforward transition to operations.
The unit is positioned with easy access to Sawgrass Expressway, supporting practical driving access for business operations. Transit and walkability metrics indicate the area is primarily car-dependent, aligning with typical industrial and flex tenant needs.
This configuration is well suited for tenants seeking a combined front-office and warehouse environment, such as light logistics, service-oriented distribution, or businesses that need dedicated reception space alongside functional warehouse volume. Unit 7 is currently vacant and available for immediate move-in upon closing, allowing for a straightforward transition to operations.
Key Highlights
- Unit 7 in Coral Springs Corporate Park for sale offers 1,457 +/- SF
- Layout includes a reception area with office space plus a warehouse area about 45% office / 55% warehouse
- Warehouse has 18’ clear ceiling height and 1 roll‑up garage door
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
Property Profile
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex unit with reception office and a warehouse offering 18-foot clear height and roll-up door access.
Where is this flex space located?
The property is located at 3660 NW 126th Ave 7 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 in Coral Springs Corporate Park for sale offers 1,457 +/- SF; Layout includes a reception area with office space plus a warehouse area about 45% office / 55% warehouse; Warehouse has 18’ clear ceiling height and 1 roll‑up garage door
