767 Shotgun Road, Sunrise, FL 33326

Building Details

Year Built 2005 More

Listing Agency: Interinvestments Realty, Inc. l***@interinvestments.com Show Phone

Listed By: Luisa Ibanez Martinez · License #3578131 Show Phone

Source: Lehmannflorida

Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 7:21AM

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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 Interinvestments Realty, Inc.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This flex-space condominium offers 3,375 square feet with a concrete floor, office area, and one bathroom. A dock-high door equipped with a truck leveler serves the warehouse portion. The building dates to 2005, and the unit is zoned I-1.

A tenant currently occupies the space under a lease expiring 11/30/2026. The property is described as close to Weston.

Key Highlights

• 3,375 square feet of office‑warehouse condominium space
• Dock‑high door with truck leveler
• Concrete floor, office area, and one bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$74,237

Cap Rate

5.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,484,740 $1.5M

Cap Rate 7%

$1,060,529 $1.1M

Cap Rate 9%

$824,856 $824.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,375 SF

Gross rent

$121.5K $36.00/SF

− Vacancy

−$7.3K −$2.16/SF

EGI

$114.2K $33.84/SF

− OpEx

−$40.0K −$11.84/SF

NOI

$74.2K $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%

$1,484,740

Cap Rate 7%

$1,060,529

Cap Rate 9%

$824,856

Alternative Uses

Best Use

Flex RnD

$1.06M

$928.0K – $1.24M (±1% cap)

NOI $74,237 @ 7.0% cap · market cap 5.64%

Second Best

Warehouse

$632.0K

$553.0K – $737.4K (±1% cap)

NOI $44,243 @ 7.0% cap · market cap 3.36%

Theoretical Best

Office A

$1.71M

$1.50M – $2.00M (±1% cap)

NOI $119,860 @ 7.0% cap · market cap 9.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Hair Salon Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Dock-high doors

Location Intelligence

Trade Area within ½ mile

567

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 33326, FL

33,978

Population

12,679

Households

2.7

Avg Household Size

41

Median Age

58%

College-Educated

97%

High-School Grad

7.2 sq mi

ZIP Area

4,719

Density / Sq Mi

$113,935

Median Household Income

$53,634

Median Earnings

$2,381

Median Rent

$529,500

Median Home Value

Market

Average Price Trend$/SF for Flex space in Broward County, FL

$256 Jul

$282 Aug

$317 Sep

$317 Oct

Properties on Market for Flex space in Broward County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - The leased unit combines office and warehouse functions with a dock-high door and truck leveler.

Where is this flex space located?

The property is located at 767 Shotgun Road Sunrise, FL.

What is the asking price?

The asking price for this property is $1,316,250.

What are key features of this property?

This property features: 3,375 square feet of office‑warehouse condominium space; Dock‑high door with truck leveler; Concrete floor, office area, and one bathroom