Freestanding Flex Space
For Sale
$2,380,952
6115 Northwest 77th Way, Tamarac, FL 33321
5,383 SF flex property on 1 acre for rent.
Property Size5,383 SF
Lot Size1.00 Acre
Price / SF$442.31
Days on Market197
Property Features for 6115 Northwest 77th Way
General Information
Standard status
Active
Size
5,383 SF
Lot size
1.00 Acre
Property subtype
FlexIndustrial
Listing Agency:
CBRE | Fort Lauderdale
Listed By:
Helen Weissman
(954) 394-4807
Source:
Cbre
Added: Mar 25
Changed: Oct 4
Last Checked: Oct 7 at 8:35AM
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 CBRE | Fort Lauderdale
Investment Insights
Based on property information with market context.
A 5,383 square foot freestanding flex property is available for rent. The property is situated on 1 acre. The warehouse space features an 18-inch clear ceiling height, while the office space offers a 16-foot ceiling height. The property is centrally located off North University Drive and Commercial Boulevard, surrounded by businesses and in close proximity to various amenities.
Key Highlights
- Freestanding property on 1 acre
- 5,383 SF total space
- 18' clear ceiling height in warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,404
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,368,080
$2.4M
Cap Rate 7%
$1,691,486
$1.7M
Cap Rate 9%
$1,315,600
$1.3M
Market Conditions
NOI Build-Up for 5,383 SF
Gross rent
$193.8K $36.00/SF
− Vacancy
−$11.6K −$2.16/SF
EGI
$182.2K $33.84/SF
− OpEx
−$63.8K −$11.84/SF
NOI
$118.4K $22.00/SF
Area
Broward County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,368,080
Cap Rate 7%
$1,691,486
Cap Rate 9%
$1,315,600
Alternative Uses
Best Use
Flex RnD
$1.69M
$1.48M – $1.97M
NOI $118,404 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$830.2K
$726.4K – $968.6K
NOI $58,113 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M
NOI $191,172 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33321, FL
51,011
Population
24,009
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,221
Density / Sq Mi
$60,013
Median Household Income
$38,742
Median Earnings
$1,846
Median Rent
$259,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Firehouse Subs Lauderhill — 7542 W Commercial Blvd, Lauderhill, FL 33319
- Analiah’s Catering & Events — 6708 Cypress Walk Terrace, Tamarac, FL 33321
- Senter Catering — 7154 N University Dr # 197, Tamarac, FL 33321
Frequently Asked Questions
What type of property is this?
Flex space - 5,383 SF flex property on 1 acre for rent.
Where is this flex space located?
The property is located at 6115 Northwest 77th Way Tamarac, FL.
What is the asking price?
The asking price for this property is $2,380,952.
What are key features of this property?
This property features: Freestanding property on 1 acre; 5,383 SF total space; 18' clear ceiling height in warehouse
