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Alo Gas 2090 W Oakland Park Blvd 2,309 SF Retail Building Oakland Park, FL 33311 $7,933,244 CAD ($3,435.79 CAD/SF) 6.25% Cap Rate



Investment Highlights
- Attractive Rent Increases
- Strategic Retail Location
- Strong Demographics
- Zero Landlord Responsibilities
- High Traffic Counts
- Long Lease Term
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, net-leased Alo Gas Station and Convenience Store located at 2090 West Oakland Park Boulevard in Oakland Park, Florida (“the Property”). The Property consists of a 2,309 square foot freestanding building with 8 fueling stations on a 0.86-acre corner lot. Alo Gas has a new 25-year Absolute NNN Lease with two (2), 10-year renewal options. The lease calls for attractive 2% annual increases in rent throughout the primary lease term and renewal options.
Alo Gas Station & Convenience Store at 2090 West Oakland Park Boulevard is strategically positioned at the signalized intersection of West Oakland Park Boulevard and NW 21st Avenue, featuring excellent visibility and frontage, with prominent signage and three points of access. The Property enjoys excellent visibility and ease of access from both directions of traffic, benefiting from high daily vehicle counts and a strong commercial presence in the immediate area. Located less than a mile west of I-95, the site offers convenient connectivity to the broader Fort Lauderdale metro area. Surrounding national and regional tenants include Walmart Neighborhood Market, Dunkin’, Family Dollar, Advance Auto Parts, and McDonald’s, all contributing to consistent consumer activity throughout the day. The surrounding area is densely populated with a mix of residential neighborhoods and multi-family housing communities, ensuring a steady flow of local customers.
Alo Gas Station & Convenience Store at 2090 West Oakland Park Boulevard is strategically positioned at the signalized intersection of West Oakland Park Boulevard and NW 21st Avenue, featuring excellent visibility and frontage, with prominent signage and three points of access. The Property enjoys excellent visibility and ease of access from both directions of traffic, benefiting from high daily vehicle counts and a strong commercial presence in the immediate area. Located less than a mile west of I-95, the site offers convenient connectivity to the broader Fort Lauderdale metro area. Surrounding national and regional tenants include Walmart Neighborhood Market, Dunkin’, Family Dollar, Advance Auto Parts, and McDonald’s, all contributing to consistent consumer activity throughout the day. The surrounding area is densely populated with a mix of residential neighborhoods and multi-family housing communities, ensuring a steady flow of local customers.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,309 SF
Building Class
B
Year Built
1969
Price
$7,933,244 CAD
Price Per SF
$3,435.79 CAD
Cap Rate
6.25%
NOI
$495,828 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Zoning
B-1
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Alo Gas
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- Jun 2051
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Alo Gas | Mining, Quarrying, and Oil and Gas Extraction | - | - | Jun 2051 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-28-00-0211 | Improvements Assessment | $1,132,333 CAD |
| Land Assessment | $1,224,814 CAD | Total Assessment | $2,357,147 CAD |
Property Taxes
Parcel Number
49-42-28-00-0211
Land Assessment
$1,224,814 CAD
Improvements Assessment
$1,132,333 CAD
Total Assessment
$2,357,147 CAD
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Alo Gas | 2090 W Oakland Park Blvd
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