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1850 NW 69th Ave
Plantation, FL 33313 Plantation

$10,260,000 USD

Warehouse For Sale  •  37,911 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 37,911 SF
  • Lot Size 2.31 AC
  • Building Class B
  • Year Built 1980
  • Tenancy Single
  • Zoning I-LP, Plantation
34 Transit Score
32 Walk Score

Highlights

TRIPLE-NET LEASE – SEVEN YEARS REMAINING: 100% leased to GBI Biomanufacturing through May 2033 with minimal landlord responsibilities.
VALUE-ADD OPPORTUNITY: Value-Add Opportunity - 9.84% Pro Forma Cap Rate.
NEW FLORIDA STEM CELL LEGISLATION: Recent state law enabling regenerative treatments supports increased demand for stem cell manufacturing capacity.
LIFE SCIENCES MANUFACTURING FACILITY: Specialized laboratory and biologics production infrastructure designed for pharmaceutical-grade operations.
STRATEGIC BROWARD COUNTY LOCATION: Access to Sunrise Boulevard, Interstate 95, Florida’s Turnpike, and Ft. Lauderdale-Hollywood International Airport.
MARK-TO-MARKET OPPORTUNITY: Tenant currently pays below-market rent of $16.20/SF, compared to an estimated current market rent of $24.00/SF.

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 15 min - 6.7 mi
15 min - 7.6 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 21 min - 11.5 mi
Miami International 50 min - 36.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 105
Type: Surface
Included in Rent: Yes
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