3560–3570 NW 10th Avenue is an 8-unit small bay industrial warehouse totaling 9,315 square feet situated on a 16,337-square-foot lot in the highly desirable Oakland Park industrial corridor.
This product type remains one of the most sought-after asset classes in Broward County, driven by limited supply, strong tenant demand, and consistent rental growth.
The property offers functional bay sizes, grade-level loading, ample parking, and highly efficient layouts ideal for a wide range of light industrial users. Tenants benefit from excellent connectivity with immediate access to I-95, Commercial Blvd, Powerline Road, and Central Broward’s major logistics arteries.
The building is currently generating $136,229 in annual income, with clear upside to a pro forma income of $184,229 through bringing rents to market and optimizing operations. At the suggested offering price of $2,300,000, this opportunity provides investors with stabilized in-place cash flow plus immediate value-add upside in one of the strongest and supply-constrained industrial submarkets in South Florida.
≥ 8-Unit Small-Bay Warehouse Asset
1. Totaling 9,315 SF across eight functional small-bay units
2. Situated on a 16,337 SF industrial lot
≥ High-Demand Industrial Product Type
1. Small-bay industrial supply in Oakland Park remains extremely limited
2. Strong tenant demand and consistent rent growth
≥ Strong In-Place Income
1. Annual income: $136,229
2. Stable tenancy with historically low turnover
≥ Immediate Value-Add Upside
1. Pro forma income: $184,229 upon rent adjustments to market
2. Opportunity to enhance operations and increase NOI
≥ Premium Central Broward Location
1. Minutes from I-95, Commercial Blvd, and Powerline Road
2. Ideal for last-mile, service, and logistics-based tenants
≥ Functional Industrial Design
1. Grade-level loading
2. Efficient unit mix
3. Ample parking and circulation
4. Easy turnover and low operational complexity
≥ Exceptional Market Fundamentals
1. Oakland Park and Broward small-bay warehouse vacancy remains among the lowest in South Florida
2. Long-term tenant retention and recession-resistant demand profile
CRE Multifamily Advisor
Tel: (305) 766-1864
Javier@porosoff.com
CRE VP Retail/Development
Tel: (305) 281-4469
alima@porosoff.com
License: FL SL3404498
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379
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