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.
Property Details
Price:
$1,200,000
MLS #:
A11663351
Status:
Active
Beds:
0
Baths:
0
Address:
537-549 NE 34th St
Type:
Commercial
Subtype:
Industrial
City:
Oakland Park
Listed Date:
Sep 20, 2024
State:
FL
Finished Sq Ft:
5,467
Total Sq Ft:
5,467
ZIP:
33334
Year Built:
1967
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Community
- Address537-549 NE 34th St Oakland Park FL
- CityOakland Park
- CountyBroward County
- Zip Code33334
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