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30924363
30925052

9 Locations

JS
FL 3246270, fl
Native Realty
Listed by Native Realty
$33,600,000
90 days on market
Updated 22 days ago

Premier Mixed-Use Retail Asset

Details
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center
Square Footage 62,411
Net Rentable (SqFt) 58,821
Units 44
Cap Rate 6.56%
Tenancy Multi
Lease Type NNN
Price per SqFt $538
Class A
Buildings 9
Lot Size (SqFt) 62,411
Zoning B-1

Mixed Use | 62,411 SqFt

Marketing description

Native Realty is pleased to present the exclusive offering of a premier mixed-use retail asset strategically located along the highly trafficked Sunrise Blvd & Federal Highway corridor in Fort Lauderdale's vibrant urban core. The property compromises of 58,821 sq. feet of building, anchored by a diverse mix of established local and regional tenants operating on NNN leases. This asset represents a generational asset and the ability to acquire a stabilized income producing asset in one of South Florida's most sought after commercial corridors, with significant upside through lease-up of existing vacancies and mark to market rent escalations.

Investment highlights

Prime Sunrise Blvd Corridor

Diverse NNN Tenant Mix

Strong NOI Growth Trajectory

Below-Market Rents with Upside

Established Urban Core Location

Fee Simple + Association Ownership

Listing Contacts

JS
FL 3246270, fl
Native Realty
Listed by Native Realty

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Additional Information

Name
Jaime Sturgis
License
3246270
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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