1500 E Commercial Blvd
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1500 E Commercial Blvd
9,619 SF Retail Building Fort Lauderdale, FL 33334 $3,980,000 ($414/SF)
Investment Highlights
- Very visible property on Commercial Blvd has over 50,000 vehicles a day
Executive Summary
This two-story, freestanding commercial property consists of 9,619 sqft of useable space and situated on a corner 10,161 sqft lot, has 18' ceilings.
The property is located in Oakland Park between Federal Highway and North Dixie Highway.
Great location in East Fort Lauderdale. Has private parking.
Currently used as a furniture retail/wholesale store, it has over $100K in monthly revenue. Perfect opportunity for an investor or owner-user.
Only 30% down! For qualified buyers, 70% seller financing is available with 6% interest only for 4 years! $300K inventory included in the sale.
7% Cap rate NNN tenant is ready to sign a 3+3 year lease with the new owner at closing.
The property is located in Oakland Park between Federal Highway and North Dixie Highway.
Great location in East Fort Lauderdale. Has private parking.
Currently used as a furniture retail/wholesale store, it has over $100K in monthly revenue. Perfect opportunity for an investor or owner-user.
Only 30% down! For qualified buyers, 70% seller financing is available with 6% interest only for 4 years! $300K inventory included in the sale.
7% Cap rate NNN tenant is ready to sign a 3+3 year lease with the new owner at closing.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,619 SF
Building Class
C
Year Built
1976
Price
$3,980,000
Price Per SF
$414
Tenancy
Single
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.23 AC
Zoning
B-1 - City of Oakland Park.. No violations or open permits on property
Parking
18 Spaces (1.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-42-14-12-1410 | Improvements Assessment | $1,656,320 |
| Land Assessment | $142,250 | Total Assessment | $1,798,570 |
PROPERTY TAXES
Parcel Number
49-42-14-12-1410
Land Assessment
$142,250
Improvements Assessment
$1,656,320
Total Assessment
$1,798,570
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1500 E Commercial Blvd
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