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1000 NE 43rd Ct, Oakland Park, FL, 33334

1000 NE 43rd Ct
$1,000,000

Key Information

Cap Rate
5.15%
$ per SF
$264
Tot. SF
3,776
Lot Size
0.17 Acres
Year Built
1968
Type
Industrial
NOI
$51,500

Highlights

  • 7 Bays & 6 Garage Doors: The property features 7 bays and 6 garage doors, providing flexible access and operational efficiency.
  • Value-Add Upside: Month-to-month leases offer significant value-add and repositioning opportunities for investors.
  • Prime Location: Located right off Dixie Hwy and just a 5-minute drive to I-95, ensuring excellent accessibility.
  • Masonry Construction & Zoning: Durable masonry construction with I-1 zoning flexibility supports a variety of industrial uses.
  • Efficient Door Configuration: Exceptional 6-door configuration with one door per approximately 629 SF enhances tenant usability.
  • Strategic Submarket Position: Strategically positioned in Oakland Park, a rapidly evolving Broward County submarket benefiting from continued residential and commercial reinvestment.
  • Major Corridor Access: Convenient access to I-95 and Federal Highway (US-1) facilitates efficient connectivity throughout Fort Lauderdale and the greater South Florida MSA.
  • Proximity to Downtown: Proximate to Downtown Fort Lauderdale, a key employment and lifestyle hub offering a diverse mix of dining, retail, and entertainment amenities.
  • Dense Residential Base: Located within a dense and growing residential population base, supporting sustained demand across a variety of commercial uses.
  • Airport Accessibility: Short drive to Fort Lauderdale-Hollywood International Airport, enhancing regional and national accessibility.
  • Retail & Consumer Appeal: Surrounded by established retail centers, grocery-anchored shopping, and daily-needs conveniences, contributing to strong tenant and consumer appeal.
  • Near Culinary Arts District: Positioned near the Oakland Park Culinary Arts District, an emerging destination that continues to attract foot traffic and local investment.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203