1402 Mcnab Rd Fort Lauderdale, FL 33309
This exceptional investment opportunity presents a fully leased, four-bay industrial building totaling 29,960 square feet, situated on a 1.516-acre lot in Fort Lauderdale, Florida. The property, built in 1981 and zoned I, boasts a desirable location with frontage on West McNab Road, providing convenient access to I-95 and the Florida Turnpike. Each of the four bays offers approximately 7,490 square feet of climate-controlled space with 20-foot clear ceilings, ideal for various industrial uses. The property features twin tee concrete construction and ample parking with 58 spaces. Its strategic location within the Gateway Industrial Park/Cypress Creek Uptown District places it minutes from Fort Lauderdale Executive Airport, the new Inter Miami CF Soccer Stadium, and a wealth of restaurants, hotels, and retail amenities. The asking price is $8,950,000, translating to $298.73 per square foot and $2,237,500 per unit. This multi-tenant property offers a strong return on investment with its 100% occupancy rate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.