Flex Space with Executive
3900 NW 126th Ave, Coral Springs, FL 33065
For Sale
Contact for pricing
The fully air-conditioned building has an oversized grade-level door and supports warehouse, R&D, distribution, and manufacturing functions.
Property Size11,208 SF
Price / SF$352.43
Days on Market29
Property Features for 3900 NW 126th Ave
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Drive-In Doors
Conditioned Warehouse
Additional Details
Highway Access
Property Use
Building Details
Building Size
Listing Agency:
Commercial Space Realty
Listed By:
Paul Levine · License FL BK3409451
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:15PM
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 Commercial Space Realty
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Investment Insights
Based on property information with market context.
At 3900 NW 126th Ave in Coral Springs, this 11,208-square-foot flex property combines executive office areas with warehouse space. The building is fully air-conditioned and has an oversized grade-level door. Its stated use potential includes warehouse, research and development, distribution, and manufacturing operations.
The property is zoned IRD and provides direct access to the Sawgrass Expressway (SR 869). Parking is listed at a ratio of 5.35 spaces per 1,000 square feet.
The property is zoned IRD and provides direct access to the Sawgrass Expressway (SR 869). Parking is listed at a ratio of 5.35 spaces per 1,000 square feet.
Key Highlights
- 11,208 SF flex property with executive office areas
- Fully air‑conditioned throughout
- Oversized grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,990
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,719,800
$3.7M
Cap Rate 7%
$2,657,000
$2.7M
Cap Rate 9%
$2,066,556
$2.1M
Market Conditions
NOI Build-Up for 11,208 SF
Gross rent
$228.6K $20.40/SF
− Vacancy
−$9.8K −$0.88/SF
EGI
$218.8K $19.52/SF
− OpEx
−$32.8K −$2.93/SF
NOI
$186.0K $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 Rate 5%
$3,719,800
Cap Rate 7%
$2,657,000
Cap Rate 9%
$2,066,556
Alternative Uses
Best Use
Warehouse
$2.66M
$2.32M – $3.10M
NOI $185,990 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$2.19M
$1.91M – $2.55M
NOI $153,168 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$5.69M
$4.98M – $6.63M
NOI $398,040 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
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
$416,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Coral Springs, FL
Properties on Market for Flex space in Coral Springs
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- 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 - The fully air-conditioned building has an oversized grade-level door and supports warehouse, R&D, distribution, and manufacturing functions.
Where is this flex space located?
The property is located at 3900 NW 126th Ave Coral Springs, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 11,208 SF flex property with executive office areas; Fully air‑conditioned throughout; Oversized grade‑level door
