Property profile

1402 Mcnab Rd Fort Lauderdale, FL 33309

OFF-MARKET
Warehouses
29,960 SF 1.52 ac lot Built 1981
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1981
Total area 29,960 SF
Lot 1.52 ac (66,037 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1402 Mcnab Rd Fort Lauderdale, FL 33309
Fort Lauderdale metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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