Office/Warehouse
5359 N Nob Hill #5359-5361 Sunrise, FL 33351
For Sale
$2,100,000
Turnkey office-and-warehouse setup with air-conditioned storage, two street-level bay doors, and multiple finished offices.
Property Size6,000 SF
Price / SF$350
Days on Market57
Property Features for 5359 N Nob Hill #5359-5361
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing Agency:
TRANSWORLD REALTY SERVICES INC
Listed By:
KIMBERLY DONATO · License #B26024031
Source:
Corcoran
Added: May 29
Changed: Jul 23
Last Checked: Jul 23 at 7:42AM
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 TRANSWORLD REALTY SERVICES INC
Investment Insights
Based on property information with market context.
This office/warehouse combination offers a professionally finished, turnkey interior alongside an air-conditioned warehouse. The office component includes a welcoming reception/showroom area, six offices, an oversized executive office with a private restroom, a kitchen, and a conference room. The warehouse has been freshly painted with new epoxy floors and features two 10x10 street-level bay doors, plus two lifts.
A large breezeway behind the warehouse supports large truck deliveries and provides additional parking. The space is currently being used for automotive, and the zoning also allows for multiple commercial business uses.
Located directly on highly visible Nob Hill Road, the property is minutes from the Sawgrass Expressway, combining accessibility with a functional layout for day-to-day business operations.
A large breezeway behind the warehouse supports large truck deliveries and provides additional parking. The space is currently being used for automotive, and the zoning also allows for multiple commercial business uses.
Located directly on highly visible Nob Hill Road, the property is minutes from the Sawgrass Expressway, combining accessibility with a functional layout for day-to-day business operations.
Key Highlights
- Office/warehouse combination built in 1990 with about 6,000 SF of professionally finished space
- Reception/showroom plus 6 offices, including an oversized executive office with a private restroom
- Includes kitchen and conference room in the office area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $273.6k | $45.60 |
| − Vacancy | −$61.6k | −$10.26 |
| EGI | $212.0k | $35.34 |
| − OpEx | −$53.0k | −$8.84 |
| NOI | $159.0k | $26.51 |
6,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,030 @ 7.0% cap · market cap 7.57%
Second Best
Flex RnD
$1.89M
$1.65M – $2.20M
NOI $131,976 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $213,084 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Jaks Personal Chef & Catering — 4101 Hiatus Rd suite 111, Sunrise, FL 33351
- Beauty Salon — 3533 N Pine Island Rd, Sunrise, FL 33351
- Nany Personal USA — 9959 Nob Hill Ct, Sunrise, FL 33351
FAQs
What type of property is this?
Flex space - Turnkey office-and-warehouse setup with air-conditioned storage, two street-level bay doors, and multiple finished offices.
Where is this flex space located?
The property is located at 5359 N Nob Hill #5359-5361 Sunrise, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Office/warehouse combination built in 1990 with about 6,000 SF of professionally finished space; Reception/showroom plus 6 offices, including an oversized executive office with a private restroom; Includes kitchen and conference room in the office area
