340 SW 21st Terrace, Fort Lauderdale, FL 33312

Property Description

For lease: approximately 5,500 SF of single-tenant industrial space in Fort Lauderdale. The offering includes approximately 4,500 SF of enclosed, air-conditioned warehouse and office space plus approximately 1,000 SF of permitted covered outdoor space. Property features include two roll-up loading doors, functional office space, approximately 12-foot clear height, signage opportunity and rear rail-side access. Convenient location near I-95, I-595, Fort Lauderdale-Hollywood International Airport and Port Everglades. Asking rent is $22.00/SF/year NNN. Estimated base rent is $10,083.33 per month. Estimated NNN expenses are approximately $1,885.25 per month, for an estimated total of $11,968.58 per month, plus utilities. Lease term is negotiable. Measurements, expenses, zoning, permitted uses, rail service and property information must be independently verified by the prospective tenant. The property is offered for lease on a triple-net basis at $22.00 per rentable square foot per year. The total rentable area is represented as approximately 5,500 SF, consisting of approximately 4,500 SF of enclosed, air-conditioned space and approximately 1,000 SF of permitted covered outdoor space.Estimated annual property taxes are $16,623.02, and estimated annual property insurance is $6,000. Based on 5,500 rentable SF, estimated NNN expenses are approximately $4.11/SF/year or $1,885.25 per month. Estimated monthly base rent is $10,083.33, producing an estimated monthly total of $11,968.58, plus utilities. All operating expenses are estimates and are subject to verification and reconciliation under the final lease.The property includes two roll-up loading doors, office space, approximately 12-foot clear height, signage opportunity and rear rail-side access. Active freight rail service is not represented or guaranteed. Electrical service and the availability of three-phase power have not been confirmed.Lease term, annual increases, security deposit, guaranty, permitted use, insurance requirements, maintenance obligations and commencement date are negotiable and subject to landlord approval. Prospective tenants and their representatives must independently verify measurements, permits, zoning, permitted uses, condition, parking, access, utilities, electrical capacity, rail availability and operating expenses.