1300 NE 48th St
Pompano Beach, FL 33064
Sold
- Flex
- 6,685 SF building
- 1.51 acre lot
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Highlights
- Hard-to-replicate I-1/General Industrial zoned low-coverage industrial and IOS asset in a land-constrained Broward County submarket.
- In-place lease to an established national environmental and industrial services tenant; credit, guaranty, and financial information to be provided through proper registration and due diligence.
- Functional low-coverage profile with meaningful land utility for fleet parking, outdoor storage, truck/service circulation, equipment staging and related industrial support operations.
- Immediate income without speculative lease-up risk, development cost, and downtime.
- Potential mark-to-market, renewal and long-term re-leasing optionality given the scarcity of paved, secured, legally usable outdoor storage properties in South Florida.
- Underlying value is supported by infill industrial land in Broward County, where comparable yard sites are scarce and entitlement risk limits new competing supply.
As provided by the listing broker.
Property facts
- Property type
- Flex
- Building size
- 6,685 SF
- Lot size
- 65,776 SF (1.51 acres)
- Year built
- 1993
- Stories
- 1
- Buildings
- 2
About this property
The Property is an exceptional and rare low-coverage industrial/IOS-oriented asset located at 1300 NE 48th Street in Pompano Beach. It benefits from its position within the Pompano Industrial Submarket, with immediate access to Dixie Highway and proximate access to I-95, the broader Broward industrial labor base, and regional South Florida logistics infrastructure. The site is differentiated by its land component, secured yard functionality, and single-tenant operating profile. The parcel contains approximately 1.51 acres and is zoned I-1/General Industrial. The site is occupied by Heritage-Crystal Clean, LLC/Crystal Clean under a long-term NNN lease scheduled to expire October 31, 2030, subject to tenant fair market value renewal options. IOS investors will benefit from a stabilized, income-producing yard/support asset. The site's value is driven by its low coverage, paved/secured operating area, tenant credit, location, and scarcity of comparable infill industrial outdoor storage sites in Broward County.
From the listing broker.