Industrial Properties in Sunrise, Florida offer a unique opportunity for investors to tap into the city's growing economy. As a hub for commercial developments, corporate attraction, and service and operations centers, Sunrise provides an ideal environment for Industrial Properties to flourish. These properties can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. With its strategic location, Sunrise offers easy access to major transportation hubs, including the Florida Turnpike, I-95, and Sawgrass Expressway, making it an attractive location for businesses that require efficient logistics and transportation. Additionally, the city's diverse economy, which includes major employers such as Amerant Bank Arena, Sawgrass Mills, and IKEA, provides a strong foundation for Industrial Properties to thrive. The city's amenities, including the Sunrise Utilities Department, which operates a water and wastewater system, and the sixth largest municipal gas system in Florida, also contribute to its appeal.
With 8 Industrial Properties for sale in Sunrise, investors have a range of options to choose from. The average price per square foot is $262 USD, and the average size is 38,093 square feet, with the largest property spanning 77,600 square feet. The average cap rate is 7.52%. In addition to Industrial Properties, Sunrise also offers other property types, such as Warehouses, which are ideal for businesses that require large storage spaces, Land, which provides opportunities for development and growth, Apartment Buildings, which offer a steady income stream, and Commercial Real Estate, which can be used for a variety of purposes. With its diverse economy, strategic location, and range of amenities, Sunrise is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Sunrise?
The average price per square foot for industrial properties in Sunrise is $262 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Sunrise, Florida, as they impact the ease of doing business, accessibility, and overall desirability of a property.
- Proximity to major transportation hubs, such as the Florida Turnpike, I-95, Sawgrass Expressway, I-75, and I-595, can increase industrial property values by providing easy access to markets, suppliers, and customers, thereby reducing transportation costs and increasing operational efficiency.
- The availability of utility services, including water, wastewater, and gas, also affects industrial property values, as it ensures a reliable and efficient supply of essential services, which is critical for industrial operations.
- In Sunrise, industrial properties with convenient access to amenities, such as Sawgrass Mills and the Amerant Bank Arena, may command higher values due to their desirability and potential for increased foot traffic and business opportunities.
