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Los Arcos 2450-2556 W Oakland Park Blvd 24,984 SF 100% Leased Retail Building Oakland Park, FL 33311 $8,207,391 CAD ($328.51 CAD/SF) 6.76% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 56,500 Average Cars per Day
  • Value add on 17,000 SF
  • 265 feet of frontage to Oakland Park Blvd
  • Rehabbed facade in 2022

EXECUTIVE SUMMARY

Current Capital as exclusive advisor, is pleased to offer the opportunity to acquire Los Arcos Retail Center. This neighborhood retail center spans across 1.66 acres and boasts approximately 266 feet of frontage to Oakland Park Blvd in Broward County, Florida. Constructed in 1984 and largely rehabbed in 2022, the property consists of approximately 24,200 square feet of rentable space, centrally located within the Broward County submarket of Oakland Park. Presently 100 percent occupied with a diverse mix of local businesses from a variety of industries, providing a one-stop shop for the many residents of Oakland Park.
Approximately 17,000 SQFT of the property is leased below market and presents an excellent value add opportunity. 17,000 SQFT represents 70% of the leasable area within the plaza. Base rents are approximately 10% up to 40% below market in certain spaces.
Los Arcos is strategically located 1.5 miles away from I-95 and 2.5 miles from the. Florida Turnpike. With approximately 478,000 residents within a 5- mile radius of the center, this strategic location makes this property one of the primary retail centers in Oakland Park.
Just minutes from Downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport, Oakland Park provides unmatched regional access via I-95, Oakland Park Boulevard, and US-1—major thoroughfares connecting to all of South Florida.
With a pro-business climate, rising population density, and ongoing infrastructure investment, Oakland Park is experiencing strong momentum in both residential and commercial development. The city is actively pursuing revitalization initiatives, including mixed-use corridors and walkable town centers, further enhancing its appeal as a live-work- play destination.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
24,984 SF
Building Class
C
Year Built
1974
Price
$8,207,391 CAD
Price Per SF
$328.51 CAD
Cap Rate
6.76%
NOI
$554,851 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.66 AC
Zoning
B-1 - Oakland Park/Retail Trade
Parking
90 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
242’ on W Oakland Park Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

Toyota
Regions Bank
Premier Rental Purchase
IHOP
United Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-29-02-0990
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,617,647 CAD
  • Listing ID: 36879157

  • Date on Market: 2025-07-23

  • Last Updated:

  • Address: 2450-2556 W Oakland Park Blvd, Oakland Park, FL 33311

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