FL > Oakland Park
Oakland Park, FL 33334,537 NE 34th St
Oakland Park, FL 33334,537 NE 34th St
Oakland Park, FL 33334,537 NE 34th St
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$1,200,000
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5,467 SqFt
Active

537 NE 34th St Oakland Park, FL 33334

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

09/30/2024 08:18 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,467 sqft

Price per Sqft $219

MLS Listing ID A11663351

HOA Y/N No

Year Built 1967

Lot Size 0.253 Acres

Property 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.

Location

State FL

County Broward

Area 3020

Others

Tax ID 494223055510

Listed by APEX Capital Realty LLC

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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537 NE 34th St

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