1930 16th St 1940 Pompano Beach, FL 33069-1629
Property summary
This exceptional 5,244-square-foot freestanding industrial flex space, located at 1930 NW 16th St in Pompano Beach, FL 33069, presents a unique investment opportunity. Built in 2003 and completely renovated in 2020, this single-tenant property is fully compliant with current building codes and ADA regulations. The building boasts a modern commercial kitchen setup, including two walk-in refrigerators and two walk-in freezers, all installed within the last two years. Three loading bays ensure efficient operations, complemented by ample parking with 11 spaces. The property features three bathrooms, two of which are ADA compliant. It holds a current annual food permit from the Florida Department of Agriculture and is licensed for up to 20 employees (16 kitchen, 4 office). The robust infrastructure includes 1200-amp 3-phase power, three Trane AC units (one a 55-ton unit for the oven room), updated grease traps and floor drains, a comprehensive fire system, and energy-efficient overhead LED lighting with color correction designed for a 20-year lifespan. While there is no existing hood system, the space offers potential for future installation. The property is zoned I-1 and sits on a single-story building with APN 484227280021. The lease is a NNN lease. This turnkey operation is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, an…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Pompano Beach, FLThe General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, an…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for I-1 in Pompano Beach, FL.
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