Flex Space with Road
For Sale
$5,695,000
750 W McNab Road, Fort Lauderdale, FL 33309
1970-built facility within an industrial park with convenient interstate and turnpike connectivity.
Property Size14,793 SF
Days on Market110
Property Features for 750 W McNab Road
General Information
Standard status
Active
Size
14,793 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
14,793 SF
Year Built
1970
Listing Agency:
SVN - Commercial Realty | Fort Lauderdale
(954) 650-7824
Listed By:
Steve Davis · License #3176135
(954) 650-7824
Source:
Svn
Added: May 14
Changed: Aug 29
Last Checked: Aug 30 at 1:05PM
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 SVN - Commercial Realty | Fort Lauderdale
Investment Insights
Based on property information with market context.
This flex-space property was constructed in 1970 and is identified as the Dana Safety Supply building. The facility supports storage, logistics, and installation functions tied to fleet vehicle safety equipment serving police departments, fire departments, and municipalities.
The building fronts W. McNab Road within the Cypress Creek Uptown District and Gateway Industrial Park. Access to I-95 and the Florida Turnpike supports regional connectivity, while Fort Lauderdale Executive Airport, a soccer stadium, restaurants, hotels, and retail centers are located minutes away.
The building fronts W. McNab Road within the Cypress Creek Uptown District and Gateway Industrial Park. Access to I-95 and the Florida Turnpike supports regional connectivity, while Fort Lauderdale Executive Airport, a soccer stadium, restaurants, hotels, and retail centers are located minutes away.
Key Highlights
- Flex‑space building constructed in 1970
- Frontage on W. McNab Road
- Easy access to I‑95 and the Florida Turnpike
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
$245,737
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
4.31%
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%
$4,914,740
$4.9M
Cap Rate 7%
$3,510,529
$3.5M
Cap Rate 9%
$2,730,411
$2.7M
Market Conditions
NOI Build-Up for 14,793 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
$301.8K $20.40/SF
− Vacancy
−$12.7K −$0.86/SF
EGI
$289.1K $19.54/SF
− OpEx
−$43.4K −$2.93/SF
NOI
$245.7K $16.61/SF
Area
Fort Lauderdale, FL
Vacancy
4.20%
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%
$4,914,740
Cap Rate 7%
$3,510,529
Cap Rate 9%
$2,730,411
Alternative Uses
Best Use
Warehouse
$3.51M
$3.07M – $4.10M
NOI $245,737 @ 7.0% cap · market cap 4.31%
Second Best
Flex RnD
$3.26M
$2.85M – $3.80M
NOI $228,255 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$9.94M
$8.70M – $11.60M
NOI $695,863 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,347
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flavorz Fuzion - Pompano Beach — 1451 w cypress creek rd suite 300, pompano beach, fl 33069
- Culinary Artz Catering — 1451 W Cypress Creek Rd #300, Fort Lauderdale, FL 33309
- Chef Daniel Catering — 1437 Powerline Rd, Pompano Beach, FL 33069
- Infused Catering — 1790 SW 13th Ct, Pompano Beach, FL 33069
- Val's Kitchen & Catering — 1174 Powerline Rd, Pompano Beach, FL 33069
Frequently Asked Questions
What type of property is this?
Flex space - 1970-built facility within an industrial park with convenient interstate and turnpike connectivity.
Where is this flex space located?
The property is located at 750 W McNab Road Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $5,695,000.
What are key features of this property?
This property features: Flex‑space building constructed in 1970; Frontage on W. McNab Road; Easy access to I‑95 and the Florida Turnpike
