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114 SW 2nd Ave 7,630 SF 100% Leased Industrial Building Dania Beach, FL 33004 $3,753,000 CAD ($491.87 CAD/SF) 4.40% Cap Rate
Investment Highlights
- Five-bay industrial building totaling approximately 7,630 square feet.
- Recent electrical upgrades completed in 2024 and roof replaced in 2016.
- Zoning: City Center, supporting a range of industrial and commercial uses.
- Strategic location near US-1, I-95, and Fort Lauderdale-Hollywood International Airport.
- Flexible tenancy structure with month-to-month leases or 90-day kick-out clauses.
Executive Summary
Small bay investment opportunity in Dania Beach. 5 warehouse units of approximately 1,526 SF each, with 18’ clear height. Current NOI $118,905. Mark to market opportunity to increase NOI by bringing tenant base to market rents. Please see property brochure and information sheet for further details.
Property Facts
| Price | $3,753,000 CAD | Lot Size | 0.22 AC |
| Price Per SF | $491.87 CAD | Rentable Building Area | 7,630 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 4.40% | Year Built | 1972 |
| Property Type | Industrial | Parking Ratio | 1.87/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Zoning | CC - Mixed commercial and light-industrial uses permitted in the City Center District. | ||
| Price | $3,753,000 CAD |
| Price Per SF | $491.87 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.22 AC |
| Rentable Building Area | 7,630 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 1.87/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | CC - Mixed commercial and light-industrial uses permitted in the City Center District. |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-42-34-01-3950 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,235,579 CAD |
Property Taxes
Parcel Number
50-42-34-01-3950
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,235,579 CAD
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114 SW 2nd Ave
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