One-Story Warehouse with Secure
842 NW 7th Terrace NW Fort Lauderdale, FL 33311
842 NW 7th Terrace NW, Fort Lauderdale, FL, 33311
Contact for pricing
For Sale
Contact for pricing
One-story warehouse includes new roof and approximately 17,500 SF of secure outside storage on an underbuilt site.
Property Size11,133 SF
Lot Size0.76 Acres
Price / SF$403.75
Days on Market152
Property Features for 842 NW 7th Terrace NW
General Information
- Standard status
- Active
- Size
- 11,133 SF
- Lot size
- 0.76 Acres
- Property subtype
- Industrial, Retail, Office
Building Details
- Year Built
- 1990
Listing agency
Atlantic Waterfront Properties
(954) 651-4789
Listed by
David Gunther · License #FL 3285299
Source
Crexi
Added: Feb 20 Updated: Jul 21 at 7:58PM Checked: Jul 21 at 7:58PM
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 Atlantic Waterfront Properties
Investment Insights
Based on property information with market context.
This one-story warehouse totals approximately 11,164 SF and sits on an approximately 32,980 SF lot. The property includes about 17,500 SF of secure outside storage and has a new roof. The site is described as underbuilt, providing potential expansion optionality.
The offering includes a grandfathered junkyard/salvage license, and the seller notes a clean environmental history with recent surveys available. A NNN tenant is in place through July 31, 2026, while end-user occupancy may be available at lease expiration.
Positioned as an industrial opportunity in Fort Lauderdale near major corridors, the property is intended to support both income now and owner-user control following the lease term.
The offering includes a grandfathered junkyard/salvage license, and the seller notes a clean environmental history with recent surveys available. A NNN tenant is in place through July 31, 2026, while end-user occupancy may be available at lease expiration.
Positioned as an industrial opportunity in Fort Lauderdale near major corridors, the property is intended to support both income now and owner-user control following the lease term.
Key Highlights
- One‑story industrial building built in 1990 with 11,164 SF on a 32,980 SF lot
- NNN tenant in place through July 31, 2026
- Approx. 17,500 SF of secure outside storage included
Local Financial Insights For Warehouse
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 | $227.1k | $20.40 |
| − Vacancy | −$9.5k | −$0.86 |
| EGI | $217.6k | $19.54 |
| − OpEx | −$32.6k | −$2.93 |
| NOI | $184.9k | $16.61 |
11,133 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.64M
$2.31M – $3.08M
NOI $184,938 @ 7.0% cap · market cap 4.11%
Second Best
Flex RnD
$2.45M
$2.15M – $2.86M
NOI $171,782 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$7.48M
$6.55M – $8.73M
NOI $523,696 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Decisive Communications Inc
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- D-LAND Kitchen — fort lauderdale, fl 33304
- Argentelle Catering & Special Events — 204 NW 4th St, Fort Lauderdale, FL 33311
- Catering Los Angeles — 750 N Flagler Dr, Fort Lauderdale, FL 33304
- Elegant Event's By Alyson — 737 NW 3rd Ave, Fort Lauderdale, FL 33311
- Shay's Delight — 220 W Dixie Ct Apt 108, Fort Lauderdale, FL 33311
FAQs
What type of property is this?
Flex space - One-story warehouse includes new roof and approximately 17,500 SF of secure outside storage on an underbuilt site.
Where is this flex space located?
The property is located at 842 NW 7th Terrace NW Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: One‑story industrial building built in 1990 with 11,164 SF on a 32,980 SF lot; NNN tenant in place through July 31, 2026; Approx. 17,500 SF of secure outside storage included
