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Warehouse – 12,000 sq ft in Fort Lauderdale, FL – Fully Renovated with Below Market Rents

Commercial Sale

Category: Warehouse / Distribution

Price:$3,395,000

Location: Fort Lauderdale, FL

Year Built: 1959

Days on Market: 19

Description:

FOR SALE: 201-215 SW 21st Street in Ft. Lauderdale. This small bay industrial property totals +/- 12,000 square feet, sits on a 0.48-acre site, has 15 Bays, & is currently 85% leased. Located in one of the country’s densest and most desirable submarkets of Ft. Lauderdale. Current in-place rents are more than 100% below prevailing market levels in the submarket. Market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Property’s value-alternative positioning. Built in 1959 and fully renovated in 2025, with Brand New Roof & Decking. Located right off of St. Road-84, the property is centrally located with immediate access to Port Everglades, Ft. Lauderdale International Airport, I-595, I-95, & the Florida Turnpike.

Completely Updated small bay industrial Warehouse totaling 12,000 +/- square feet on a 0.48-acre site. Fifteen Bays with under market rents.

Listing Code: 1138382007