Flex Warehouse with Roll-Up
For Sale
$935,750
6-7-3660 Nw 126th Ave, Coral Springs, FL 33071
Two combined-optional units offer office-ready space and 18-foot clear warehouse height with roll-up access.
Property Size2,914 SF
Price / SF$321.12
Days on Market176
Property Features for 6-7-3660 Nw 126th Ave
General Information
Standard status
Active
Size
2,914 SF
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,825
Listing Agency:
Total R E Consultants Inc
(954) 341-3294
Listed By:
J. Josep D Pelayo · License #A12048902
(954) 341-3294
Source:
Exprealty
Added: Feb 18
Changed: Aug 7
Last Checked: Aug 12 at 11:13AM
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.
This sale includes two flex units in Coral Springs Corporate Park: Unit 6 and Unit 7. The units are currently subdivided, with the option to combine into a larger configuration. Unit 6 is approximately 40% office and 60% warehouse, while Unit 7 is approximately 45% office and 55% warehouse. Both units feature a reception area and one roll-up garage door sized 10'W x 12'H. The warehouse portion offers 18' clear ceiling height, supporting a range of storage and light industrial needs.
Access is convenient to Sawgrass Expressway, making the property practical for businesses that need straightforward regional connectivity. Unit 6 is currently leased, while Unit 7 is vacant and available for immediate move-in upon closing.
For tenants and buyers, this setup can work well for teams that want on-site administrative space alongside warehouse capacity. Unit 7’s current availability may suit an operator looking to move quickly, while the ability to combine units provides flexibility for growing requirements. The presence of reception areas and roll-up door access supports both day-to-day office functions and efficient loading operations.
Access is convenient to Sawgrass Expressway, making the property practical for businesses that need straightforward regional connectivity. Unit 6 is currently leased, while Unit 7 is vacant and available for immediate move-in upon closing.
For tenants and buyers, this setup can work well for teams that want on-site administrative space alongside warehouse capacity. Unit 7’s current availability may suit an operator looking to move quickly, while the ability to combine units provides flexibility for growing requirements. The presence of reception areas and roll-up door access supports both day-to-day office functions and efficient loading operations.
Key Highlights
- Two units (Unit 6 and Unit 7) totaling 2,914 +/- SF; each unit is about 1,457 +/- SF
- Flexible layout: units are currently separate but can be combined into one space
- 18’ clear ceiling height in the warehouse, with 10’W x 12’H roll‑up garage door for each unit
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
$48,356
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
5.17%
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%
$967,120
$967.1K
Cap Rate 7%
$690,800
$690.8K
Cap Rate 9%
$537,289
$537.3K
Market Conditions
NOI Build-Up for 2,914 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
$59.4K $20.40/SF
− Vacancy
−$2.6K −$0.88/SF
EGI
$56.9K $19.52/SF
− OpEx
−$8.5K −$2.93/SF
NOI
$48.4K $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%
$967,120
Cap Rate 7%
$690,800
Cap Rate 9%
$537,289
Alternative Uses
Best Use
Office B
$3.92M
$3.43M – $4.57M
NOI $274,081 @ 7.0% cap · market cap 29.29%
Second Best
Warehouse
$690.8K
$604.5K – $805.9K
NOI $48,356 @ 7.0% cap · market cap 5.17%
Theoretical Best
Specialty Retail
$4.97M
$4.35M – $5.80M
NOI $347,845 @ 7.0% cap · market cap 37.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33071, FL
40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two combined-optional units offer office-ready space and 18-foot clear warehouse height with roll-up access.
Where is this flex space located?
The property is located at 6-7-3660 Nw 126th Ave Coral Springs, FL.
What is the asking price?
The asking price for this property is $935,750.
What are key features of this property?
This property features: Two units (Unit 6 and Unit 7) totaling 2,914 +/- SF; each unit is about 1,457 +/- SF; Flexible layout: units are currently separate but can be combined into one space; 18’ clear ceiling height in the warehouse, with 10’W x 12’H roll‑up garage door for each unit
