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5130 N Federal Hwy
Fort Lauderdale, FL 33308
Shoppes at Coral Ridge · Retail Property For Sale
Investment Highlights
- Newly Renovated The property was recently renovated (Q4 2025) including a new façade and tenant signage.
- Ideal Retail Suites • The property is comprised of 12 units, each being 967 SF and including a restroom • Ability to combine units for various uses.
- Excellent Demographics • Median Household Income just under $100k • 280k+ Population within 5-miles • 3.9% Annual Population Growth within 2 Miles
- Excellent Tenant Mix Tenancy includes convenience store, health studio, hair salon, and other convenience services.
- Market Rental Rates Year 1 Average Rates • 1st Floor - $28 PSF • 2nd Floor - $24 PSF • High Growth Rents CAGR - 5.65%
- Rare Federal Highway Retail (plus of minus sign) 165 feet of frontage on Federal Hwy (50k+ VPD) near the signalized intersection of Commercial Blvd
Executive Summary
Franklin Street is pleased to present Shoppes at Coral Ridge, a newly renovated, two-story retail center located at 5130 N Federal Highway in Fort Lauderdale, Florida. 12 individually metered suites, each 967-SF suite includes a private restroom and flexible layouts ideal for combining spaces or accommodating diverse uses.
Renovated in Q4 2025 with a modern façade, upgraded tenant signage and other exterior updates. With 280,000+ residents within five miles, strong household incomes near $100,000, and sustained population growth, Shoppes at Coral Ridge represents a rare opportunity to acquire a stabilized, small-bay retail asset in an irreplaceable location with exceptional long-term value and rent growth potential.
Renovated in Q4 2025 with a modern façade, upgraded tenant signage and other exterior updates. With 280,000+ residents within five miles, strong household incomes near $100,000, and sustained population growth, Shoppes at Coral Ridge represents a rare opportunity to acquire a stabilized, small-bay retail asset in an irreplaceable location with exceptional long-term value and rent growth potential.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,609 SF
Building Class
C
Year Built/Renovated
1975/2017
Price
$5,705,974 CAD
Price Per SF
$491.51 CAD
Cap Rate
6.75%
NOI
$385,191 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.78
Lot Size
0.34 AC
Zoning
B-1 - GENERAL BUSINESS
Parking
24 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
100’ on N Federal Hwy
Amenities
- Signage
Property Taxes
| Parcel Number | 49-42-13-09-0040 | Improvements Assessment | $2,731,899 CAD |
| Land Assessment | $720,300 CAD | Total Assessment | $3,452,199 CAD |
Property Taxes
Parcel Number
49-42-13-09-0040
Land Assessment
$720,300 CAD
Improvements Assessment
$2,731,899 CAD
Total Assessment
$3,452,199 CAD
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