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29549170
29549168

2990 Griffin Rd, Fort Lauderdale, FL 33312

MY
3305974
One&Only Realty
Listed by One&Only Realty
$2,399,000
123 days on market
Updated 100 days ago

2990 Griffin

Details
Property Type Mixed Use, Multifamily (+2)
Sub Type Creative Office, Shopping Center (+1)
Square Footage 6,234
Net Rentable (SqFt) 6,234
Units 4
Cap Rate 6.1%
NOI $146,317
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $385
Broker Co-Op Yes
Year Built 1971
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 8,481
Parking Spaces 16 spaces
Parking Per SqFt 2.57
Investment Type Stabilized
Tenant Credit Franchisee

Prime Turnkey Mixed-Use Investment & Owner-User Opportunity in the Heart of Broward County

Marketing description

Fully renovated 6,234 SF mixed-use commercial asset designed for both investors and owner-occupants modern, flexible, and positioned in one of Broward County’s most connected business corridors. Minutes from Fort Lauderdale Hollywood International Airport, Port Everglades, I-95, and US-1, the property benefits from exceptional access, visibility, and daily traffic that consistently attracts quality tenancy. The building has been upgraded throughout, featuring a new roof, impact windows and doors, commercial-grade A/C systems, and high-end interior and exterior finishes creating a true turnkey environment with a clean, contemporary presence ideal for professional, medical, wellness, or retail users. For investors, the asset delivers an in-place cap rate of approximately 6.1% with additional upside through lease optimization and rent growth. The property is configured into four retail/office suites supported by 16 on-site parking spaces, providing diversified income and operational flexibility in a high-demand submarket. For owner-users, establish your headquarters while your property works for you occupy one suite and lease the remaining spaces to offset operating costs and build equity in a modern, income-producing asset. A rare combination of location, condition, and cash flow, 2990 Griffin Road stands as a strategic acquisition for those seeking both immediate performance and long-term value in South Florida’s thriving commercial landscape.

Investment highlights

  • Prime Broward Location – Minutes to FLL Airport, Port Everglades, I-95 & US-1

  • Fully Renovated, Turnkey Asset – 6,234 SF with new roof, impact windows/doors, and commercial-grade A/C

  • Strong Visibility & Traffic – High-exposure corridor driving consistent tenant demand

  • Diversified Income – Four retail/office suites + 16 on-site parking spaces

  • In-Place Cash Flow – Approx. 6% cap rate with upside through rent growth

  • Owner-User Advantage – Occupy one suite, lease the rest to offset operating costs

Listing Contacts

MY
3305974
One&Only Realty
Listed by One&Only Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$146,317.00
$12,193.08/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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