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43,843 SF Lot, 15,498 SF of Rentable/Interior 2400 E Las Olas Blvd 15,498 SF 100% Leased Retail Building Fort Lauderdale, FL 33301 $20,589,821 CAD ($1,328.55 CAD/SF) 4.74% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investment or development opportunity
  • Sale includes a parking lot of 43 spaces
  • Las Olas facing property
  • Anchor restaurant and 4 retail/office spaces
  • Heavy drive by traffic
  • Parking lot recently redone and restriped

EXECUTIVE SUMMARY

Seize the opportunity to own a prestigious commercial property located on iconic Las Olas Boulevard in Fort Lauderdale, Florida. New to market is a unique blend of (4) retail / office spaces, a thriving restaurant, and ample parking, making it a versatile investment with significant development potential. This outstanding property features 15,498 square feet of rentable/interior space on a spacious lot size of 43,843 square feet. The sale includes a generous parking lot with 43 spaces, a rare find in this bustling area. All four (4) distinct retail/office spaces have all been completely remodeled to cater to various types of high end clientele. The well-established restaurant is already in place, providing a steady stream of income and attracting foot traffic to the location. This property presents a rare opportunity for investment or development. Whether you're looking to maintain a portfolio of established tenants or considering a development project on a Las Olas facing property, this property is an exceptional investment. Additional information, financials, and Offering Memorandum available - please contact listing agent.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,498 SF
Building Class
C
Year Built
1962
Price
$20,589,821 CAD
Price Per SF
$1,328.55 CAD
Cap Rate
4.74%
NOI
$975,270 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.54 AC
Zoning
CB, Fort Lauderdale - Zoning is AR, Use is 12-04
Parking
43 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
142’ on E Las Olas Blvd

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Property Manager on Site
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

NEARBY MAJOR RETAILERS

The Coffee Bean & Tea Leaf
Quarterdeck Seafood Bar
Hooters
Starbucks
Bubba Gump Shrimp Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-12-05-0040
Land Assessment
$2,461,802 CAD
Improvements Assessment
$3,067,538 CAD
Total Assessment
$5,529,340 CAD
  • Listing ID: 34383265

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 2400 E Las Olas Blvd, Fort Lauderdale, FL 33301

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