Industrial Flex Space in Pompano Beach, FL

 

This Pompano Beach Industrial Property is Off-Market. 

Contact us for similar Commercial Properties For Sale in Florida. 

O’Reilly Commercial Realty LLC 

Call: Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com

Pompano Beach Industrial Property - Flex Space Sold

Florida Industrial Property

Price:

$2,900,000 estimated when listed

Building Size:

35,100 SF

Price per SF:

$82.62

Property Type:

Industrial

Property Sub-type:

Flex Space

Property Use Type:

Investment

Year Built:

1979

Lot Size:

2.13 AC

Highlights of Commercial Property For Sale

• Great Owner User Building.
• 35,100 +/- Total Building
• 15,600 +/- of Stock Supply
• 7,000 +/- of Office Space
• 7,500 +/- Assembly Area
• 5,000 +/- Warehouse

Description of Pompano Beach Investment Property

This Commercial Real Estate is a great Owner User Building. It has 35,100 +/- Total Building square feet, 15,600 +/- of Stock Supply. 7,000 +/- of Office Space as well as 7,500 +/- Assembly Area, 5,000 +/- Warehouse, 100% AC. There are Racks and Sprinklers in Warehouse Stay. The Commercial Property Investor will enjoy the 130 Parking Spaces.

This Gateway Building is a prime piece of Florida Commercial Real Estate For Sale! This sits at a great Location in the Gateway Industrial Park. Also has Easy access to I-95 and the Florida Turnpike.  

2981 Gateway Drive, Pompano Beach, Florida 33069 (Broward County)

Listing information courtesy of Sperry Van Ness Commercial Real Estate Advisors. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.

Distressed Commercial Real Estate

Best Buy Closings 2012: Electronics Giant to Close 50 Stores


Electronic retail giant Best Buy announced Thursday that it will close 50 big box stores in the United States and cut as many as 400 jobs at its corporate headquarters in an effort to improve its bottom line.

According to The Christian Science Monitor, Best Buy, once recognized as the discount king of consumer electronics, is caught between high-end brand stores like Apple Stores and low-cost Internet retailers like Amazon.


“Customers have been increasingly migrating online where they often find better deals, forcing Best Buy to figure out a reason why shoppers would need to visit an actual store,” the CSM report stated.

Last year, Best Buy lost a staggering $1.2 billion as it deeply discounted merchandise to keep pace with rivals Amazon and Wal-Mart.

Sue Busch Nehring, a spokeswoman for Best Buy, said the company has not revealed any detail about the locations of the 50 stores it plans to shutter, adding that the retailer will announce the specific store locations and timing for closings “once they are finalized.”

“We are quite deliberate and thoughtful when we make such decisions,” she said in an e-mail message. “We are working to ensure the impact to our employees will be as minimal as possible, while serving all customers in a convenient and satisfying


In light of the job cuts and store closings, Best Buy plans to use the savings — $250 million this year and another $550 million by 2015, according to company projections — to convert its big boxes to smaller “connected stores” which will sell more connections and services with more focus on mobile phones, tablet computers and e-readers.

The company will experiment with the new store models in San Antonio, Texas and St. Paul, Minnesota.

Forbes writes:

“The renovation would reduce store square footage by 20%, and should be finished by next Christmas. These new so-called ‘Connected Stores’ will focus on selling cell phones, tablet computers and e-readers, as well as service plans not offered by Amazon and Wal-Mart. Best Buy employees in these new stores are expected to show customers how to connect electronics in the home.”

According to the IBTimes, Best Buy shares dropped 14.8 percent in the past year, wiping out about $4 billion in market cap. In that same span of time, the S&P 500 index was up 6.4 percent.

With news of the Best Buy store closings, the company’s stock fell nearly 7 percent, or $1.85, to close Thursday at $24.77.

By Michael Söze

NNN Commercial Real Estate and Life Insurance

Los Angeles, California - This Net Lease Properties news post will update periodically. This NNN Commercial Real Estate market is constantly changing no matter how the economy continues to slump. There are various types of transactions to build wealth with net Lease Properties such as our Investors involved in Joint Ventures (JV).

Commercial Real Estate and Investment Property Portfolios for Building Wealth

The NNN Commercial Real Estate investors know the work and research involved in building wealth with Net Lease Properties, Apartment Buildings and other Commercial Property types. The NNN Commercial Real estate Investor has to think about passing their assets on to their Loved Ones. The majority of NNN Commercial Real Estate Investors do not want to see their Properties lost to the Government.

NNN Commercial Real Estate and Asset Protection

Many Financial Advisors believe that Life Insurance needs to be an important part of a Commercial Real estate Investor's estate plan. First and foremost Commercial Real Estate Investors want to protect their Loved Ones. Therefore now is the time to get around to estate planning and protecting your wealth. Commercial Real Estate Investors could have a fantastic Triple Net Lease Properties Portfolio but lack liquidity. Life Insurance can provide a sufficient amount of cash accessible to cover death taxes as well as other final expenses. Life Insurance can help alleviate this leading concern for many Commercial Real estate Investors.

Life Insurance to Protect the Loved Ones of Net Lease Properties Investors

The NNN Commercial Real Estate Investor can use Life Insurance as an excellent asset protection element. Even though there are quite a few various types of life insurance, it can be explained by Professionals in a simple manner. Now is the time to check out Life Insurance so for more information contact Cheaper Term Life Insurance.

Whole Foods Market Net Lease Properties and Mixed-Use

Las Vegas, Nevada - Our NNN Lease Properties news is on the ups and downs in the Nevada Commercial Real Estate market. There is a beautiful Nevada Commercial Real Estate Development with a Whole Foods Market that caught our eye. The Commercial Property is The District at Green Valley Ranch. The Commercial Real Estate Developers of this property started out with approximately $85 Million into it. The District at Green Valley Ranch is a cutting edge mixed-use property that combines retail Net Lease Properties, restaurants, and the Whole Foods Market. Also this mixed-use property has office space and residential units situated in a beautiful designed area.

Whole Foods Market and Commercial Real Estate Development

The concept of the Nevada Mixed-use property is to bring in People to live and not have to drive far for shopping. The pedestrian friendly development was a perfect retail shopping center with great restaurants also. The Office Space net lease Tenants can frequent the dining establishments or grab something from the Nevada Whole foods. This is a great environment for net lease properties.

Commercial Real Estate Developers of this Mixed-use property wanted architects to design it to keep shoppers and visitors there for the entire day. The District at Green Valley Ranch has it all, and current entertainment that can be seen with just a short stroll.



Nevada Commercial Properties in Foreclosure

However with the Nevada economy slumping worse than most and unemployment through the roof for the State, the NNN Commercial Real Estate Development started to falter. So the inevitable happened and the Nevada mixed-use property went into default like some of the other high profile Nevada Commercial Real Estate Developments. The Net Lease Properties site saw the same thing happen to Town Square, Boca Fashion Village and the commercial property that was intended for the Great Mall of Las Vegas.

Commercial Mortgage Default on Nevada Retail Shopping Center

Earlier in the year The District at Green Valley Ranch had been sold to cover some of the defaulted commercial mortgage. The Owner - Developer who lost the Nevada Mixed-use property was American Nevada Company. The new owners happened to be Village Walk LL which is a Nevada limited liability company. The Owners are net lease property investors from the Miami Beach area. The District at Green Valley Ranch was obtained at the public auction for $50 million. When purchasing NNN Commercial Real Estate, it is wise to check on obtaining Cheaper Term Life Insurance coverage.

The District at Green Valley Ranch has Whole Foods Market and Cheesecake Factory

The Net Lease Properties site found more information on this Nevada Mixed-use property. It started with a 25 acre phase one with a combination of retail net lease properties, office and 88 loft style condos. Now it got real interesting with the second stage of development. That consists of approximately 50,116 square feet of office space which sits on top of retail net lease properties. This is the net lease properties with various Tenants including the Whole Foods Market and Cheesecake Factory for dining.

NNN Commercial Real Estate Benefits

Many NNN Commercial Real Estate Investors see The District at Green Valley Ranch as a high quality trophy property. Many Net Lease Properties Investors would like this in their Portfolio. This Nevada Mixed-use property should have a profitable future. Some of the other benefits of this pedestrian oriented mixed-use property is a street plaza, as well as an attractive central park, that includes a uniquely classic styled Carousel that the kids will love.

Nevada Net Lease Properties Tenants

Al's Garage
Alligator Soup
Anthropologie
AVEDA - Gianna Christine Salon Spa & Wellness
Balboa Pizza Company
Ben & Jerry's
Brighton Collectibles
Chico's
Coldwater Creek
Color Me Mine
Colorz
Crazy Pita Rotisserie & Grill
DaMincci Jewelers
DownEast Basics
Elephant Bar
Fidelity Investments
Flea Bag's Barkery & Bow-tique
Francesca's Collections
Gymboree
Hallmark Gold Crown
Janie and Jack
Jos. A. Bank Clothier
Josie's Frozen Yogurt
King's Fish House
Las Vegas Golf & Tennis
Las Vegas Pilates
Loft
Lucille's Smokehouse Bar-B-Que
Magnolia Lane
My Gym Children's Fitness Center
Optic Gallery
P.F. Chang's China Bistro
Panera Bread
Pottery Barn
Presidio
Pure Beauty Salon
Rachel's Kitchen
Red Rock Jewelers
REI
Scottrade
Settebello Pizzeria Napoletana
Sola Salon
Soma Intimates
The Cheesecake Factory
The Coffee Bean & Tea Leaf
The District Guest Services
The Sports Shop
The Walking Company
West Elm
White House - Black Market
Whole Foods Market
Williams-Sonoma

Green Valley Ranch Resort and Spa

This Nevada commercial property loaded with high end net lease property tenants is situated next to the Green Valley Ranch Resort and Spa. The Resort consists of over 490 comfortable hotel rooms, casino, and resort spa. That Top rated Resort is currently owned and operated by Stations Casinos. They developed that resort and spa as a vacation spot away from the ever popular Las Vegas strip. The NNN Commercial Real Estate staff would describe the Green Valley Ranch Resort and Spa as owning a feeling of a European styled casino.

Net Lease Properties Investors

We have private investors and institutional buyer groups seeking to purchase Net Lease Properties and Commercial Real Estate Portfolios. Our high net worth investors are located all across the Globe and can close on Net Lease Property opportunities throughout the United States.





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Best Buy Net Leased Property in Michigan

Marquette, Michigan - Our Net Lease Properties information today comes from the U. P., Upper Peninsula of Michigan. It is a rarity to get Net lease properties from upstate Michigan, although there are some prized properties up there. A net leased investment brokerage firm has recently helped with the sale of a single tenant net leased property (STNL). The net leased property buyer is a (REIT) real estate investment trust that is based in California.

Many NNN Commercial Real Estate Investors are in search of a sustainable revenue stream by renting the commercial property to a high quality tenant or Credit Tenant (CTL). This Michigan net leased property that sold was net leased to Best Buy. This net leased property sold for $4,952,000. The Michigan net leased property consists of a building that is approximately 30,119 square feet and is situated on approximately 4.90 acres. The seller of this Michigan net leased property was a Midwest private partnership.

The Tenant of this net leased property, Best Buy, had a highly anticipated opening just before the holidays of 2010. It was originally anticipated to open in 2009, although delays set in. This net leased property with Best Buy is situated in Marquette Township was generous, and presented the United Way with a check for $10,000. The Best Buy net lease investment is on the south side of US 41 at the well traveled Brickyard intersection. The net leased investment is near a newer Lowes commercial property and a future Tractor Supply store is proposed as a neighbor. We are unaware of any Commercial Loans on the net leased investment.

Our NNN Commercial Real Estate Investors are willing to purchase property with Investment grade tenants, long term net leases, in high traffic count areas. These Triple net lease properties are outstanding for 1031 exchange replacement properties.

Other Marquette net leased properties have Tenants such as Starbucks, Quiznos, Advance America, Papa Murphy's Pizza, H&R Block, and CitiFinancial. Pier One Imports, Michael's Arts and Crafts, Wal-Mart Super Center, Kohl's and Target are also nearby net leased tenants in the Marquette area. There is a nearby Retail Shopping Center called Westwood Mall. This Retail Shopping Center major tenants include JC Penney, Barnes & Noble, MC Sports, Jandron's Fine Jewelry and Radio Shack.

Commercial Real Estate investors in the acquisition or disposition of triple net lease properties, single-tenant and retail shopping centers, can contact Net Lease Properties Site.



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Publix Anchored Retail Shopping Center Sold

West Palm Beach, Florida - A Publix Anchored Shopping center is our topic today for Net Lease Properties. The Net Lease Investment Property, Southdale Shopping Center, sold for $12.9 million. This Investment Property is an 87,566 square-foot shopping center with Publix as an Anchor Tenant and a net leased property, CVS. Other tenants include the U.S. Postal Service, and Blockbuster.

This Net Lease Investment was originally developed in 1958 and had a major renovation in 1996. The Net Lease Property was 100% leased at the time of the sale. This Investment Property, Southdale Shopping Center, is located at the intersection of Southern Boulevard and Parker Avenue. The address of the Anchor Tenant Publix is 828 Southern Blvd, West Palm Beach, Florida.

The seller of this Net Leased Property was Southdale CRP LLC, an affiliate of Palm Beach Gardens-based Ram Development Company. Ram Development Company has developed some great projects and are linked to the beautiful, Mixed-Use Midtown Development, in Palm Beach Gardens, Florida. These are just a few of Ram Development Company Commercial Properties, Best Buy - Barnes & Noble in Orlando, Florida, Tuesday Morning Plaza (CRP) in Orange Park, Florida, Boggy Creek in Orlando, Florida, Broadway Promenade (Mixed-Use Commercial Property) in Sarasota, Florida, Central Plaza (CRP) in beautiful St. Petersburg, Florida, Home Depot Portfolio of Properties and Shoppes of Jensen Beach in Jensen Beach, Florida.

The buyer of this Net Lease Investment is BT Palm Beach LLC, an affiliate of Horsham, Pennsylvania based BET Investment. The purchase of this Net Lease Property is a good example of investors buying retail shopping centers with long-term, seasoned tenants that have a proven history of strong sales.

We, at Net Lease Properties are always seeking Publix freestanding, Single Tenant Grocery Stores for sale or a sale-leaseback transaction. Publix Super Markets, Inc. is the dominant supermarket chain operating in Florida.

CONTACT US HERE for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Property Investments. Also contact us to sell your existing Net Lease Properties portfolio.


We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange.
CONTACT US HERE for:
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Investment Property For Sale
Buying Investment Property
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When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

Professional Centre at the Gardens Mall

West Palm Beach, Florida - Our Net Lease Properties information today is from Palm Beach County, Florida. We would like to report that a net leased Office Building has signed up a new Tenant for a lease. One of South Florida's leading commercial real estate firms has found a viable net leased tenant for a space in Palm Beach Gardens, Florida. The Florida Commercial Real Estate firm is NAI/Merin Hunter Codman Incorporated. NAI/Merin Hunter Codman Inc. has offices in West Palm Beach, upscale Boca Raton, the prestigious town of Palm Beach and Palm Beach Gardens.

This Commercial Real Estate firm helped to land a Tenant for the Professional Centre at the Gardens Mall. Coastal Sotheby’s International Realty will be leasing office space at the Professional Centre. Coastal Sotheby’s International Realty is taking approximately 4,211 square feet. This net leased Office Building is located at 11601 Kew Gardens Avenue, in Palm Beach Gardens, Florida. The Professional Centre at the Gardens Mall has the zip code of 33410.

The Professional Centre at the Gardens is a gorgeous two-story Class B office building that has some NNN Leases. This NNN Commercial Real Estate development consists of four office buildings that are approximately 22,111 square feet. This NNN Commercial Real Estate development has an excellent location, in the Heart of the growing Palm Beach Gardens community. This are of Palm Beach Gardens is an ideal location for a 1031 Exchange replacement property also. The Professional Centre at the Gardens Mall benefits from very easy access to the upscale Gardens Mall.

The Gardens Mall in Palm Beach Gardens, is a very luxurious retail shopping center. This retail shopping center is approximately 1.5 million square feet. This Florida Retail Shopping Center keeps having updates to the outstanding designed space. This Florida Retail Shopping Center has 160 fine specialty shops, and is anchored by Nordstrom, Saks Fifth Avenue, Bloomingdale's, Macy's and Sears. The Retail Shopping Center sits on PGA Blvd. and has very easy access I-95.

The highly anticipated Gardens Mall was completed in 1988 This Florida Retail Shopping Center has maintained their spot on the list of world-class shopping destinations in the Country. As mentioned it was beautifully designed with a blending of award-winning architecture, fine art and lush landscaping with popular amenities. This Palm Beach Gardens Retail Shopping Center is host to many signature events. Also with their retail variety, The Gardens Mall is a premier shopping destination for Palm Beach County.

Other major Retail Shopping Centers nearby are Legacy Place, Downtown at the Gardens, Midtown and the well designed PGA Commons. These net leased Retail Shopping Centers are are conveniently located off of PGA Boulevard and near the I 95 freeway and the Florida Turnpike.

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.