Multi-Tenant Flex / Light Industrial For Sale
DAVIE INDUSTRIAL CENTER
For sale2100 SW 71st Terrace, Davie, FL 33317
Property Type
Industrial
Building Size
96,175 SF
Stories
2
Number of Buildings
2
Lot Size
4.8 Acres
APN
504115220010
No. of Suites
4
Park Spaces
167
WALT
2.0 Yrs
Property description
Berger Commercial Realty, as exclusive advisor, is pleased to present the opportunity to acquire Davie Industrial Center (the "Property"), a ±96,175 SF multi-tenant industrial asset in Davie's prime I-595 corridor, currently ±84% leased. In-place income combines with meaningful near-term upside through lease-up and mark-to-market as leases roll. Originally developed in 1984 and subsequently improved, the Property offers functional industrial features — 22' clear heights, dock-high and grade-level loading doors, fully HVAC'd units, substantial electrical capacity, and a flexible warehouse/office mix suited to distribution, service, light-manufacturing, and flex users. Situated near I-595 and SR-84, the asset offers convenient access to Florida's Turnpike, I-95, FLL and Port Everglades — an ideal last-mile position serving Broward and the broader South Florida region. The remaining vacancy and future lease rollover create a durable value-add profile in a supply-constrained small-bay submarket. Functional Small-Bay Industrial: 22' clear heights, fully HVAC'd units, dock-high and grade-level loading doors, heavy electrical service, and a flexible warehouse/office mix suiting a broad tenant base. Immediate Lease-Up Upside: A 15,280 SF suite — office and mezzanine build-out, dock loading, full A/C, heavy power — is available to drive occupancy and income. Any commission due to the Buyer’s broker shall be paid solely by the Buyer.
Property highlights
- Value-Add Mark-to-Market: In-place rents average ±$9.91 PSF versus ±$17.54 PSF NNN market — meaningful embedded upside as leases roll, led by 24,263 SF expiring in late 2026.
- Functional Small-Bay Industrial: 22’ clear heights, fully HVAC’d units, dock-high and grade-level loading doors, heavy electrical service, and a flexible warehouse/office mix suiting a broad tenant base.
- Immediate Lease-Up Upside: A 15,280 SF suite — office and mezzanine build-out, dock loading, full A/C, heavy power — is available to drive occupancy and income.
- Supply-Constrained Infill Location: SW Broward holds ±20.9M SF of industrial inventory; land is scarce and new supply is Class-A large-bay, leaving small-bay product undersupplied.
- Prime I-595 / SR-84 Corridor: Convenient access to I-595, Florida’s Turnpike, I-95, FLL/Hollywood International Airport and Port Everglades — a central-Broward last-mile position serving the regional workforce.
- Favorable Fundamentals: Florida’s no-state-income-tax climate and SW Broward’s strategic location support durable demand and continued rent growth.