Freestanding Industrial
709 Northwest 8th Avenue Fort Lauderdale, FL 33311
New
For Sale
$1,400,000
Freestanding 5,000 SF industrial building with three drive-in doors, fenced yard, and heavy three-phase power.
Property Size5,000 SF
Price / SF$280
Days on Market4
Property Features for 709 Northwest 8th Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial - Manufacturing
Listing Agency:
Berger Commercial Realty
(954) 802-6031
Listed By:
Jordan Beck · License #SL3444296
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 3:42AM
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 Berger Commercial Realty
Investment Insights
Based on property information with market context.
The property consists of a freestanding 5,000 SF industrial building designed for practical manufacturing and industrial operations. The site includes a fenced-in yard and three drive-in doors to support loading and material handling. Heavy three-phase power is available, providing service for a range of industrial equipment.
The property is located in the Flagler Village/Sistrunk area, east of 9th Ave. The public remarks describe active growth in the surrounding district, supported by a mix of residential, retail, and commercial development.
As an industrial building with dedicated exterior yard space and multiple drive-in doors, the asset is positioned to accommodate manufacturing uses that benefit from on-site vehicle access and outdoor storage.
The property is located in the Flagler Village/Sistrunk area, east of 9th Ave. The public remarks describe active growth in the surrounding district, supported by a mix of residential, retail, and commercial development.
As an industrial building with dedicated exterior yard space and multiple drive-in doors, the asset is positioned to accommodate manufacturing uses that benefit from on-site vehicle access and outdoor storage.
Key Highlights
- 5,000 SF freestanding industrial building designed for manufacturing uses
- Three drive‑in doors for convenient vehicle and equipment access
- Fenced yard included for outdoor staging or storage
Financial Insights For Industrial
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 | $108.0k | $21.60 |
| − Vacancy | −$4.9k | −$0.97 |
| EGI | $103.1k | $20.63 |
| − OpEx | −$30.9k | −$6.19 |
| NOI | $72.2k | $14.44 |
5,000 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.03M
$902.5K – $1.20M
NOI $72,198 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,200 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Freestanding 5,000 SF industrial building with three drive-in doors, fenced yard, and heavy three-phase power.
Where is this manufacturing property located?
The property is located at 709 Northwest 8th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,000 SF freestanding industrial building designed for manufacturing uses; Three drive‑in doors for convenient vehicle and equipment access; Fenced yard included for outdoor staging or storage
