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RETAIL/OFFICE FLEX 3542 N Federal Hwy 5,849 SF Retail Building Fort Lauderdale, FL 33308 $3,148,217 CAD ($538.25 CAD/SF) 5.83% Cap Rate

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Investment Highlights

  • TENANT: Leather Express
  • TENANT USE: Gross
  • New Roof
  • TENANT TERM: October 31, 2028
  • PROPERTY CAN BE DELIVERED VACANT

Executive Summary

APEX CAPITAL REALTY is proud to present 3542 N Federal Highway, a rare opportunity to acquire a retail/office flex property along one of Fort Lauderdale’s most prominent commercial corridors. The property is fully occupied and offers strong visibility, steady income, and long-term upside in a high-demand submarket.
Positioned directly on US-1, the asset benefits from significant daily traffic counts, strong surrounding demographics, and continued residential and mixed-use development along the Federal Highway corridor. The location serves affluent neighborhoods including Coral Ridge, Imperial Point, and Coral Ridge Country Club Estates, providing a dense, high-income consumer base that supports long-term retail demand.
The property is zoned B-1 (Community Business District), allowing for a wide range of retail, office, medical, and service-oriented uses, making it attractive to both investors and future owner-users.
With stable in-place income and projected upside to a pro forma NOI of $170,000, this offering presents an ideal opportunity for investors seeking a well-located asset with growth potential in one of Broward County’s most established commercial corridors.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,849 SF
Building Class
C
Year Built
1965
Price
$3,148,217 CAD
Price Per SF
$538.25 CAD
Cap Rate
5.83%
NOI
$183,670 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.16 AC
Zoning
B-1 - (Community Business District)
Frontage
53’ on N N Federal Hwy Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Leather Express vend des meubles en cuir de première qualité provenant de nos salles d'exposition en Floride depuis 1986. Leur vaste gamme de meubles en cuir de première qualité et magnifiquement conçus est exposée dans leurs spacieuses salles d'exposition Boca Raton et Fort Lauderdale. Chez Leather Express, tout est une question de choix avec des centaines de couleurs et de configurations disponibles auprès des meilleurs fabricants de meubles. Votre couleur, votre style, votre façon est plus qu'un simple slogan. Vous pouvez personnaliser les meubles en cuir pour qu'ils s'adaptent à l'espace et à la décoration de votre chambre. Leurs experts en meubles en cuir hautement qualifiés et compétents sont toujours à votre disposition pour vous donner des conseils et des suggestions utiles afin que vous puissiez trouver exactement ce que vous cherchez, qu'il s'agisse d'une seule pièce ou d'une refonte complète de la pièce. Tous leurs meubles sont fabriqués en Amérique du Nord, pas en Chine ! Ils ne vendent que des meubles en cuir de première qualité, pas de cuir collé ou mélangé. De nombreux modèles sont également disponibles en tissu et microfibre.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Club Pilates
The Fresh Market
LA Fitness
TD Bank
Chase
Truist
Starbucks
Publix
Citi
PDQ Chicken

Property Taxes

Property Taxes

Parcel Number
49-42-24-07-3760
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,214,237 CAD
  • Listing ID: 39487853

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 3542 N Federal Hwy, Fort Lauderdale, FL 33308

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