Exclusive Offering — Retail Office Plaza

3400 NW 9th Ave

Oakland Park, FL 33309  |  Retail Office Plaza

Asking Price
$2,754,067
Based on 6.0% Cap Rate
Cap Rate
6.0%
In-Place NOI
Building Size
1,089 SF
Retail Office Plaza
Investment Highlights

Why This Property

A compelling opportunity to acquire an income-producing commercial warehouse in Oakland Park, FL — one of South Florida's fastest-growing industrial submarkets, offering stable cash flow and strong long-term appreciation potential.

6.0%
Cap Rate
Strong in-place cap rate with stable rental income and upside potential through rent growth in a supply-constrained South Florida market.
$165K
Annual NOI
Net Operating Income of $165,244 annually providing stable, predictable cash flows.
$3,666
Monthly Rent
Current in-place monthly rent with below-market positioning offering significant upside upon renewal.
1,089 SF
Building Size
Efficient commercial warehouse footprint ideal for light industrial or last-mile distribution uses.
Pompano
Prime Location
Minutes from I-95, Florida Turnpike, and Fort Lauderdale-Hollywood International Airport.
$2.75M
Valuation
Priced at $2,754,067 consistent with comparable commercial sales in the Broward County submarket.
Property Overview

Property Details

3400 NW 9th Ave is a commercial warehouse in Oakland Park, Broward County, Florida — suitable for commercial and light industrial uses in a high-demand South Florida submarket.

Address3400 NW 9th Ave, Oakland Park, FL 33309
Asset TypeRetail Office Plaza
Building Size1,089 SF
Monthly Rent$3,666
Annual Gross Rent$221,400
Annual NOI$165,244
Asking Price$2,754,067
Price / SF$2,529 / SF
CountyBroward County, Florida
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Location

Oakland Park, FL

Oakland Park is one of South Florida's most active industrial submarkets, benefiting from its position between Miami and Palm Beach with direct access to major transportation infrastructure.

Direct I-95 Access
Minutes to I-95 interchange serving the entire South Florida corridor
Fort Lauderdale Airport — 8 Miles
Major freight and passenger hub driving commercial demand
Port Everglades — 10 Miles
One of the busiest container ports in the US
Supply-Constrained Market
Broward County industrial vacancy consistently below 3%
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Financial Summary

Investment Analysis

$2.75M
Asking Price
$165K
Annual NOI
6.0%
Cap Rate
$2,529
Price / SF
Income & Expense ItemAnnualMonthlyNotes
Gross Potential Rent$221,400$3,666Current In-Place
Less: Property Taxes($25,381)($2,115)Broward County 2023
Less: Insurance($18,765)($1,564)Annual Premium
Less: Flood Insurance($4,322)($360)Annual
Less: Liability Insurance($1,089)($91)Annual
Less: Vacancy (5%)($2,200)($183)Market Standard
Less: Management (5%)($2,200)($183)Third Party Mgmt
Less: Maintenance (5%)($2,200)($183)Reserves
Net Operating Income$165,244$13,770Annual NOI
Implied Value @ 6.0% Cap$2,754,067Asking Price
Offering Materials

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Exclusive Advisor

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BG
Brian Gross
Investment Sales Advisor
Phone(561) 305-4772
EmailBrian@800help.net
Web800Help.net
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