CAPITAL COMMERCIAL REAL ESTATE GROUP IS PLEASED TO OFFER FOR SALE THIS POMPANO BEACH

INDUSTRIAL WAREHOUSE CENTER. THIS IS AN OPPORTUNITY TO PURCHASE A SMALL BAY WAREHOUSE

COMPLEX CONSISTING OF SIX BUILDINGS WITH 100 RENTABLE SPACES TOTALING 36,350 RENTABLE SQUARE FEET ON OVER 1.5 ACRES OF LAND. UNITS ARE 375 SQUARE FEET WITH 22 FOOT HIGH CEILINGS, SOME OF THE UNITS HAVE BEEN COMBINED TO FORM LARGER SPACES. THE FACILITY HAS LITTLE TO NO DEFERRED MAINTENANCE AND NEW ROOFS WERE INSTALLED IN 2006.

DUE TO AN INACTIVE RETIRED OWNER, THE PROPERTY IS CURRENTLY 45% OCCUPIED PRESENTING HUGE RENTAL UPSIDE TO AN ACTIVE OPERATOR. SIMILAR PROPERTIES IN THE AREA ARE OPERATING AT 85% OR HIGHER OCCUPANCY. FURTHERMORE, THE SMALL 375 SF UNITS COMMAND A HIGH RENT AND WITH PROPER MANAGEMENT CAN QUICKLY FILL THE UNITS AT $300 TO $350 PER MONTH. EACH BUILDING HAS A SMALL SEPARATE RENTABLE OFFICE COMPONENT IN THE FRONT ACCESSED VIA SEPARATE ENTRANCES. THE SUBJECT LOCATION IS IMMEDIATELY OFF SOUTH DIXIE HIGHWAY TO THE EAST OF I-95 AND SOUTH OF E. ATLANTIC BLVD. THIS IS A PREDOMINATELY INDUSTRIAL CORRIDOR CATERING TO AUTOMOTIVE AND OTHER MORE INTENSIVE INDUSTRIAL USES. MANY MUNICIPALITIES IN BROWARD COUNTY HAVE LIMITED OR ELIMINATED AUTOMOTIVE USES THUS CREATING A STRONG DEMAND FOR PROPERTIES THAT CATER TO SUCH USES.

BROCHURE #21758 FOR MORE INFORMATION CONTACT CHARLIE SKANDRANI @786-488-3434.