Mixed-Use Property with
4503 NW 103rd Avenue #105, Sunrise, FL 33351
For Sale
Contact for pricing
The space pairs a client-facing display area with offices, a kitchen, and a loading bay.
Property Size20,000 SF
Price / SF$0.22
Days on Market10
Property Features for 4503 NW 103rd Avenue #105
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
1 Bay Door
2 Executive Offices
Fully furnished offices
model kitchen
well-equipped kitchen
Building Details
Year Built
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Zuleidy Calderin · License #3404364
(786) 717-4706
Source:
Lehmannflorida
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 2:37PM
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 Luxe Properties
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Investment Insights
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This mixed-use property combines showroom space with an industrial work area, two executive offices, and one bay door. A model kitchen and a separate equipped kitchen are included, and the offices can be furnished. The building dates to 1990.
Located at 4503 NW 103rd Avenue, Suite 105, in Sunrise, Florida, the property is offered for sale and available immediately.
Located at 4503 NW 103rd Avenue, Suite 105, in Sunrise, Florida, the property is offered for sale and available immediately.
Key Highlights
- Showroom area paired with industrial work and storage space
- Two executive offices; furnishings are available
- One bay door for access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,914
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,318,280
$4.3M
Cap Rate 7%
$3,084,486
$3.1M
Cap Rate 9%
$2,399,044
$2.4M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$326.4K $16.32/SF
− Vacancy
−$18.0K −$0.90/SF
EGI
$308.4K $15.42/SF
− OpEx
−$92.5K −$4.63/SF
NOI
$215.9K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,318,280
Cap Rate 7%
$3,084,486
Cap Rate 9%
$2,399,044
Alternative Uses
Best Use
Flex RnD
$6.28M
$5.50M – $7.33M
NOI $439,920 @ 7.0% cap · market cap 10,230.70%
Second Best
Mixed Use
$4.93M
$4.31M – $5.75M
NOI $345,000 @ 7.0% cap · market cap 8,023.26%
Theoretical Best
Office A
$10.15M
$8.88M – $11.84M
NOI $710,279 @ 7.0% cap · market cap 16,518.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
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Business Placement
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The space pairs a client-facing display area with offices, a kitchen, and a loading bay.
Where is this mixed-use property located?
The property is located at 4503 NW 103rd Avenue #105 Sunrise, FL.
What are key features of this property?
This property features: Showroom area paired with industrial work and storage space; Two executive offices; furnishings are available; One bay door for access
