Office Warehouse
2099 S Park Rd
2099 S Park Rd, Hallandale Beach, FL 33009
Listing Price: $5,239,000
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale 2099 S Park Road (the "Property") a ±17,000-square-foot industrial building located in Pembroke Park, Florida. The Property is currently leased to Evolution Distro at a substantially below-market rental rate with a lease expiration in August 2025.
2099 S Park Road presents an opportunity for both investors looking for industrial properties with upside potential, as well as an owner-user who has a requirement for all or a portion of the Property.
Located south of West Pembroke Road, north of Hallandale Beach Boulevard, and just west of Interstate-95 providing easy access and connectivity to major transportation routes. The Property is situated on 0.65 acres and includes four loading docks - three dock-high and one grade-level, newly renovated offices on the first and second floors, and has a recently installed 5-ton air conditioning system. With ceiling heights of 18 feet and ±7,500 square feet of outdoor space, the Property is well-equipped to accommodate various businesses.
2099 S Park Rd
Investment Highlights
- Below-Market Rent – Investors have the opportunity to raise rents when the current tenant's term expires in August 2025.
- Prime Accessibility – Strategically located with easy access to Interstate 95 (I-95)
- Owner-User Opportunity – Current lease expires in one year, providing near-term opportunity for Owner-Users.
- Outdoor Storage – Offering ±7,500 square feet of outdoor storage space, the Property provides additional flexibility and potential for various industrial and storage-related activities.
- High-End Office Space – Offices on first and second floors have been gutted and renovated in 2023
Exclusively Listed By
Listing Price: $5,239,000
Investment Highlights
- Below-Market Rent – Investors have the opportunity to raise rents when the current tenant's term expires in August 2025.
- Prime Accessibility – Strategically located with easy access to Interstate 95 (I-95)
- Owner-User Opportunity – Current lease expires in one year, providing near-term opportunity for Owner-Users.
- Outdoor Storage – Offering ±7,500 square feet of outdoor storage space, the Property provides additional flexibility and potential for various industrial and storage-related activities.
- High-End Office Space – Offices on first and second floors have been gutted and renovated in 2023
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale 2099 S Park Road (the "Property") a ±17,000-square-foot industrial building located in Pembroke Park, Florida. The Property is currently leased to Evolution Distro at a substantially below-market rental rate with a lease expiration in August 2025. 2099 S Park Road presents an opportunity for both investors looking for industrial properties with upside potential, as well as an owner-user who has a requirement for all or a portion of the Property. Located south of West Pembroke Road, north of Hallandale Beach Boulevard, and just west of Interstate-95 providing easy access and connectivity to major transportation routes. The Property is situated on 0.65 acres and includes four loading docks - three dock-high and one grade-level, newly renovated offices on the first and second floors, and has a recently installed 5-ton air conditioning system. With ceiling heights of 18 feet and ±7,500 square feet of outdoor space, the Property is well-equipped to accommodate various businesses.
Exclusively Listed By
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