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681 SW 16th Ter
Pompano Beach, FL 33069 Outer Pompano Beach/Deerfield Beach

$31,063 USD/MO

Warehouse For Lease  •  23,297 SF

Property Details

  • Property Type Warehouse
  • Year Built 2006
  • Total Building Size 60,729 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning I-1
31 Transit Score
43 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Industrial 23,297 SF $16.00 USD/SF/YR
Opportunity to acquire a fully built-out indoor padel and pickleball facility, offered as a sub-lease combined with the sale of the operating business. The space will be delivered fully up to code and ready to operate by April 1st.

The facility will feature eight total courts for padel and pickleball and is designed for memberships, leagues, training, tournaments, and private events in a rapidly growing South Florida market.

Key terms:
Business sale price: $2,400,000
Structure: sub-lease
Lease term: 5 years
Renewal option: one additional 5-year option
Delivery condition: turnkey and fully operational by April 1st

Property and business highlights:
Modern indoor racquet sports facility
Eight padel and pickleball courts
Long-term lease security
Strong demand for indoor racquet sports

Notes:
Sub-lease subject to landlord approval
Confidential transaction; NDA required for financial and operational details

Contact:
Franco Massacessi
Commercial & Business Broker

  • Date available: 90 Days
  • Lease term: None
  • Service type: Triple Net
  • Space Type: Sublet

Description

Opportunity to acquire a fully built-out indoor padel and pickleball facility, offered as a sub-lease combined with the sale of the operating business. The space will be delivered fully up to code and ready to operate by April 1st.

The facility will feature eight total courts for padel and pickleball and is designed for memberships, leagues, training, tournaments, and private events in a rapidly growing South Florida market.

Key terms:
Business sale price: $2,400,000
Structure: sub-lease
Lease term: 5 years
Renewal option: one additional 5-year option
Delivery condition: turnkey and fully operational by April 1st

Property and business highlights:
Modern indoor racquet sports facility
Eight padel and pickleball courts
Long-term lease security
Strong demand for indoor racquet sports

Notes:
Sub-lease subject to landlord approval
Confidential transaction; NDA required for financial and operational details

Contact:
Franco Massacessi
Commercial & Business Broker

Highlights

fully air conditioning
plenty of parking space
padel and pickel ball courts

Amenities

  • Property Manager on Site
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
JD Lighting
Lars Project
Pinkman White Llc

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.2 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 4.1 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 22 min - 13.6 mi
Palm Beach International 48 min - 36.6 mi
Miami International 59 min - 38.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Franco Massacessi 321-368-8846 Central Realty Group
Franco Massacessi 321-368-8846 Central Realty Group