705 NW 8th Ave
$2,375,000
705 NW 8th Ave, Fort Lauderdale, FL 33311
9,500 sqft
Building Size
0.3099 acres
Lot Area
Details:
Highlights:
- 9500 SF Multi-Tenant Industrial Property
- 5 units total
- 74% occupancy
- 12 foot clear
- Brand New Roof
- I Zoning, City of Fort Lauderdale
Description:
705 NW 8th Ave is a multi-tenant industrial property, that is both income producing and offers upside potential. The property has had a new roof installed recently, substantially reducing the capex requirements for future ownership. For additional financial information, see rent roll contained herein.
The subject property is located in the Flagler Village/Sistrunk area, located east of 9th Ave, which boasts an influx of high-end development projects. This vibrant neighborhood is experiencing significant growth, making it an attractive prospect for industrial and manufacturing investors seeking to capitalize on the area's upward trajectory. With a blend of upscale residential, retail, and commercial developments, this dynamic locale presents an exciting opportunity for businesses looking to be part of a burgeoning urban landscape. The property's strategic position within this evolving district offers access to a wealth of amenities and potential for long-term growth and success.