537-549 NE 34th St, Oakland Park, 33334

  • $1,200,000

Listing UP for Sale

Oakland Park

537-549 NE 34th St, Oakland Park, 33334

Oakland Park

  • $1,200,000

Overview

Property ID: A11663351
  • Property Type
  • Industrial
  • 11002
  • Lot sqft
  • 1967
  • Year Built

Description

537 – 549 NE 34 STREET is a self-storage/micro-bay industrial property featuring Twenty 300 SF units & two common area restrooms located on the north-end of the property. Most units are leased by local businesses, tradesmen, or used for self-storage. Bay’s 11-13 totaling 600 SF leased for $30 PSF (modified gross). Bay 19 (300 SF) and Bay 20 (300 SF) leased for $31.65 PSF and $31.95 PSF respectively. These deals were in the Top range of Comparable Lease Rates for small self-storage/micro-bay industrial properties within Oakland Park. With 4,267 SF of the 5,467 SF building remaining under market rate, the property has proven upside to slowly re-tenant and bring rents up to $29-32 PSF.

  • Address 537-549 NE 34th St
  • City Oakland Park
  • State/county Florida
  • Zip/Postal Code 33334
  • Area Broward County

Details

Updated on October 27, 2024 at 7:04 am
  • Property ID: A11663351
  • Price: $1,200,000
  • Land Area: 11002 sqft
  • Year Built: 1967
  • Property Type: Industrial
  • Property Status: Listing UP for Sale

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Miguel Pinto
  • Miguel Pinto