1815-1823 E Commercial Blvd - Storefront FOR SALE


Fort Lauderdale, FL 33308- Knoll Ridge
$9,820,000 USD
954-445-2673
1815-1823 E Commercial Blvd, Fort Lauderdale, FL for Sale
$9,820,000 USD
Storefront - FOR SALE
1/33
null | 5% Cap Rate

1815-1823 E Commercial Blvd
Fort Lauderdale, FL 33308
Knoll Ridge


HIGHLIGHTS

  • High Visibility at a signalized intersection.
  • Directly across from Holy Cross Hospital.
  • Traffic Count 57,500
  • Built in 2017

OVERVIEW

Trophy 9,007 SF Retail Shopping Center Asset in high-demand Ft Lauderdale market. - High Visibility at a signalized intersection. - Directly across from Holy Cross Hospital. with 1600 employees with average salary of $84,000. - Population within 1 mile 17,000, 3 miles 120,000 - Average income $75,000, Median age 48 - FDOT AADT Commercial Blvd. West of NE 18th Ave. 57,500 - 1000 new rental units are under construction or are in planning. in Coral Ridge. The area population growth is expanding rapidly. - Bank United anchored shopping center. Bank United, Inc., with total consolidated assets of $34.8 billion at March 31, 2025, is a bank holding company with one wholly owned subsidiary, Bank United, collectively, the Company. Bank United, a national banking association headquartered in Miami Lakes, Florida. - Select Medical: is a national physical therapy company that specializes in providing services for critical illness recovery, inpatient rehabilitation, outpatient rehabilitation, and occupational health. - Dynamic Chiropractic has 25 year history in the Neighborhood. - El Balcon de las Américas is an authentic Latin American restaurant, specializing in Colombian cuisine. It's known for its traditional dishes, fresh ingredients, and family-friendly atmosphere. They currently have several location all in South FL. - Triple Net Lease (NNN) structure – zero landlord responsibility. - Long-term, stable tenants with proven operational history. - Strategically positioned retail with healthcare and residential synergy. - The asset is 100% leased, offering a new owner a reliable, stable income stream. - With rent escalations beginning in 2026 and 2027, driving value growth. - Features a resilient, service-based tenant mix: - Financial (BankUnited) - Medical (Select Medical, Dynamic Chiropractic) - Wellness (Select Medical, Dynamic Chiropractic) - Food & Beverage (El Balcón de las Américas) - Bank United endcap includes a drive-thru, increasing real estate value and future leasing flexibility. High Traffic Corridor - Prime signalized hard-corner location at Commercial Blvd (56,000 VPD) and NE 18th Ave (14,000 VPD) — total daily exposure to 70,000+ vehicles - Located on Commercial Blvd (SR 870) — a key east-west corridor connecting to I-95 in 9 minutes - Proximity to the Commercial Blvd & US-1 (Federal Hwy) intersection with over 100,000 VPD - Excellent visibility and access make this site ideal for long-term retail success

FOR SALE DETAILS

PRICE

$9,820,000 USD

PRICE/SF

$1,034 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank United

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bank, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

CB

APN/PARCEL ID

49-42-13-04-0330,49-42-13-04-0340

ASK ABOUT THIS PROPERTY

Jay BrayFisher Bray Real Estate Group Inc.More Info
954-445-2673

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Jay BrayFisher Bray Real Estate Group Inc.More Info
954-445-2673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.