43,843 SF Lot, 15,498 SF Rentable/Interior | 2400 E Las Olas Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
43,843 SF Lot, 15,498 SF Rentable/Interior 2400 E Las Olas Blvd
15,498 SF 100% Leased Retail Building Fort Lauderdale, FL 33301 $18,000,000 ($1,161/SF) 3.59% Cap Rate
Investment Highlights
- 15,498 square feet of rentable/interior & lot size of 43,843 square feet
- Investment or development opportunity
- 4 retail/office spaces, 1 restaurant
- Sales includes a parking lot
- Heavy drive by traffic
- Las Olas facing property
Executive Summary
Seize the opportunity to own a prestigious commercial property located on iconic Las Olas Boulevard in Fort Lauderdale, Florida. New to market is a unique blend of (4) retail / office spaces, a thriving restaurant, and ample parking, making it a versatile investment with significant development potential. This outstanding property features 15,498 square feet of rentable/interior space on a spacious lot size of 43,843 square feet. The sale includes a generous parking lot with 43 spaces, a rare find in this bustling area. All four (4) distinct retail/office spaces have all been completely remodeled to cater to various types of high end clientele. The well-established restaurant is already in place, providing a steady stream of income and attracting foot traffic to the location. This property presents a rare opportunity for investment or development. Whether you're looking to maintain a portfolio of established tenants or considering a development project on a Las Olas facing property, this property is an exceptional investment. Exact sizes, survey, rent roll, and additional information are available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,498 SF
Building Class
C
Year Built
1962
Price
$18,000,000
Price Per SF
$1,161
Cap Rate
3.59%
NOI
$646,616
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Land Acres
0.54 AC
Zoning
CB, Fort Lauderdale
Parking
43 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
142 FT on E Las Olas Blvd
Amenities
- 24 Hour Access
- Courtyard
- Property Manager on Site
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
Parcel Number | 50-42-12-05-0040 | Improvements Assessment | $2,185,230 |
Land Assessment | $1,753,720 | Total Assessment | $3,938,950 |
PROPERTY TAXES
Parcel Number
50-42-12-05-0040
Land Assessment
$1,753,720
Improvements Assessment
$2,185,230
Total Assessment
$3,938,950
1 of 31
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
43,843 SF Lot, 15,498 SF Rentable/Interior | 2400 E Las Olas 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.