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2633 E Commercial Blvd
Fort Lauderdale, FL 33308
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Prime East Fort Lauderdale Location • Frontage on E Commercial Boulevard with strong daily traffic counts • Excellent access to US-1, I-95
- Value-Add Opportunity 3 tenants on short-term leases below market • Immediate mark-to-market rental upside • Opportunity to restructure leases to NNN
- Strong Demographics & Demand Drivers • Dense residential population with strong household incomes • Established retail, medical, and service corridor
- Newly Renovated Asset • Fully renovated 6,591 SF retail/medical office building • Turnkey condition with modernized interiors and exterior upgrades
- Lease-Up & Owner-User Flexibility • One vacant unit totaling 2,000 SF • Ideal for owner-user to occupy while maintaining income
Résumé de l'annonce
Franklin Street is pleased to present 2633 E Commercial Boulevard - a newly renovated 6,591 SF multi-tenant retail/medical office building located along one of Fort Lauderdale’s primary east-west corridors. The property offers strong frontage and visibility on E Commercial Boulevard with convenient access to US-1, I-95, and the surrounding coastal residential communities.
The building consists of four units and is currently 70% occupied, with three tenants on short-term leases paying below-market rents - providing immediate mark-to-market upside. 2,000 SF can be delivered vacant at closing, providing an excellent opportunity for an owner-user to operate their business while generating stable income from the remaining tenants.
Surrounded by dense residential neighborhoods, national retailers, and strong medical and service-oriented demand, the asset offers a compelling value-add opportunity in a high-barrier-to-entry East Fort Lauderdale submarket. Ideal for an investor targeting lease-up and rent growth or an owner-user looking to secure a well-located footprint with supplemental income.
The building consists of four units and is currently 70% occupied, with three tenants on short-term leases paying below-market rents - providing immediate mark-to-market upside. 2,000 SF can be delivered vacant at closing, providing an excellent opportunity for an owner-user to operate their business while generating stable income from the remaining tenants.
Surrounded by dense residential neighborhoods, national retailers, and strong medical and service-oriented demand, the asset offers a compelling value-add opportunity in a high-barrier-to-entry East Fort Lauderdale submarket. Ideal for an investor targeting lease-up and rent growth or an owner-user looking to secure a well-located footprint with supplemental income.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
6 591 pi²
Classe d’immeuble
C
Année de construction
1972
Prix
3 679 938 $ CAD
Prix par pi²
558,33 $ CAD
Taux de capitalisation
6,64%
Revenu net d’exploitation
244 348 $ CAD
Pourcentage loué
70%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,78
Taille du lot
0,19 AC
Zonage
CB, Fort Lauderdale - Affaires communautaires
Façade
84’ sur Commercial Blvd
Commodités
- Affichage
Impôts fonciers
| Numéro de lot | 49-42-13-07-0210 | Évaluation des bâtiments | 1 357 093 $ CAD |
| Évaluation du terrain | 276 377 $ CAD | Évaluation totale | 1 633 470 $ CAD |
Impôts fonciers
Numéro de lot
49-42-13-07-0210
Évaluation du terrain
276 377 $ CAD
Évaluation des bâtiments
1 357 093 $ CAD
Évaluation totale
1 633 470 $ CAD
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