Office/Warehouse Flex Building

East Hallandale Beach, FLThis 9,615 SF flex space building is a perfect blend of office and true industrial situated on a large 19,540 SF lot. Parking lot across the street is on a long term lease with the city of Hallandale Beach and provides a tremendous amount of available parking. The property is 100% occupied and has an updated NOI of $187,928. The updated NOI brings our CAP rate to 5.22%, which makes it perfect for an investor! All the tenants are currently month to month. The property can be delivered vacant for an owner user. The Fashion/Art/Design subdistrict is intended to be a unique, lively arts and commerce area accommodating a wide range of uses including residential,retail, art, culture, design, and some light industrial uses. The property consists of 9,615 total square feet of usable space. 7,200 SF is vacant and ready to move in. This space features over 4,000 SF of custom-built-out office space with large private offices, break rooms, conference rooms, and 3,200 SF of warehouse work/storage space with an additional mezzanine. The warehouse has 20' high ceilings. The South bay is occupied by a ministry school currently leased until October 2023. The adjacent lot is occupied by a pre-school currently leased to April 2025. This property is a perfect space for an owner user looking to relocate to South Florida. This property is also an ideal space for an investor; once a vacant bay is leased, this property will generate $235,552.00 in net income, providing an investment with a 5.2% cap rate at the total asking price. Please call the listing broker for additional information and a complete tour.This 7,200 square foot office/warehouse available for lease in East Hallandale Beach, Florida.​ Beautiful office build-out with high-end finishes, several large private offices, break room, conference room, design area, and much more.​ Perfect building and location for your business.​ Turn-key ready to move in.​ The office is 4,000 SF with 3,200 SF of the warehouse.​ The warehouse features 20’ ceilings, ample workspace, and an additional mezzanine.​ Ample parking across the street.​ Ready for immediate occupancy.​ Priced to lease fast at only $20.00 per/SF NNN.​ Call for additional information.​