Climate-Controlled Flex
785 Shotgun Rd Sunrise, FL 33326
For Sale
$845,000
Pending
Flex warehouse with fully climate-controlled office and insulated dock-height door, plus walk-in freezer and soundproof recording studio.
Property Size3,250 SF
Days on Market1984
Property Features for 785 Shotgun Rd
General Information
Standard status
Pending
Size
3,250 SF
Property subtype
General Commercial
Building Details
Year Built
2003
Listing Agency:
One Sotheby's International Realty
(305) 772-7376
Listed By:
Robin Katz
(305) 772-7376
Source:
Xome
Added: Feb 21, 2021
Changed: Jul 26
Last Checked: Jul 26 at 2:39PM
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 One Sotheby's International Realty
Investment Insights
Based on property information with market context.
Immaculate, ready-to-move-in flex warehouse featuring fully climate-controlled office and warehouse areas. The space includes an insulated dock-height door, pallet racking in two sectional 50’ runs, and a walk-in freezer sized 4’ x 8’ x 7.7’ designed for -10°F operation. Office improvements include a formal reception area, seven offices, and a boardroom with built-in phone systems. The warehouse also has added ceiling insulation for sound suppression.
Security and communications are upgraded throughout, with Ethernet wiring and routing to a server system, a key-card entry door system, a fully monitored ADP alarm system, and cloud-based wireless security cameras operating 24/7. Additional features include a fully soundproofed recording studio with built-in lighting, a 6’ x 8’ stage, and a keyed high-security door, as well as hurricane impact windows and doors. The property has a new roof and includes four assigned parking spaces plus guest parking.
Security and communications are upgraded throughout, with Ethernet wiring and routing to a server system, a key-card entry door system, a fully monitored ADP alarm system, and cloud-based wireless security cameras operating 24/7. Additional features include a fully soundproofed recording studio with built-in lighting, a 6’ x 8’ stage, and a keyed high-security door, as well as hurricane impact windows and doors. The property has a new roof and includes four assigned parking spaces plus guest parking.
Key Highlights
- 3,250 SF flex warehouse with fully climate‑controlled AC in office & warehouse
- Insulated dock‑height door and pallet racking with two 50’ sectional racking systems
- Walk‑in freezer: 4’ x 8’ x 7.7’, rated for -10°F
Financial Insights For Flex RnD
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 | $117.0k | $36.00 |
| − Vacancy | −$7.0k | −$2.16 |
| EGI | $110.0k | $33.84 |
| − OpEx | −$38.5k | −$11.84 |
| NOI | $71.5k | $22.00 |
3,250 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,141 @ 7.0% cap · market cap 10.19%
Second Best
Flex RnD
$1.02M
$893.6K – $1.19M
NOI $71,487 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,420 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Coco Bar — 715 SW 148th Ave, Davie, FL 33325
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with fully climate-controlled office and insulated dock-height door, plus walk-in freezer and soundproof recording studio.
Where is this flex space located?
The property is located at 785 Shotgun Rd Sunrise, FL.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 3,250 SF flex warehouse with fully climate‑controlled AC in office & warehouse; Insulated dock‑height door and pallet racking with two 50’ sectional racking systems; Walk‑in freezer: 4’ x 8’ x 7.7’, rated for -10°F
