Log In/Sign Up
Your email has been sent.
Retail Building with Established Bakery 2909-2911 E Commercial Blvd 2,731 SF 100% Leased Retail Building Fort Lauderdale, FL 33308 $1,772,369 CAD ($648.98 CAD/SF) 4.06% Cap Rate
Investment Highlights
- Strong NOI: $52,800/year with full occupancy
- Below-Market Rents: Upside potential through renewals
- Desirable Demographics: Strong local income and retail demand
- Fully Leased: 0% vacancy in a high-demand corridor
- Prime Exposure: 54’ of frontage with over 43,000 VPD
- Established Tenants: Long-term local businesses in place
Executive Summary
The Property is a Edelweiss Bakery that has been successfully operating for over 20 years. 2909–2911 E Commercial Blvd features 36 parking spaces, 54’ of high-visibility frontage (43,000+ VPD), and strong demographics ($107k avg. household income within 1 mile). With below-market NNN leases ($2.64–$3.23/SF) and an 88 Walk Score, this turnkey investment provides immediate cash flow and upside through rental adjustments
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,731 SF
Building Class
C
Year Built
1966
Price
$1,772,369 CAD
Price Per SF
$648.98 CAD
Cap Rate
4.06%
NOI
$71,958 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.08 AC
Zoning
CB - Community Business zone allows retail, office, restaurants, and services serving nearby neighborhoods.
Parking
36 Spaces (13.18 Spaces per 1,000 SF Leased)
Frontage
54’ on E Commercial Blvd
Walk Score®
Very Walkable (88)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $806,380 CAD | |
| Land Assessment | $114,610 CAD | Total Assessment | $920,990 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$114,610 CAD
Improvements Assessment
$806,380 CAD
Total Assessment
$920,990 CAD
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Retail Building with Established Bakery | 2909-2911 E Commercial Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.