$3,600,000 USD
954-302-7365
HIGHLIGHTS
- Corporate Signature | Options To Extend | Annual Increases | Long Operating History
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Hard Corner Intersection | Dense Retail Corridor | Coral Ridge Mall | Close Proximity To Interstate 95 | Fort Lauderdale Tourism Surge
- Commercial Blvd Improvements | Ongoing Housing Developments
- Strong Demographics In 5-mile Trade Area | Affluent 1-Mile Household Income
OVERVIEW
• Everbank has a corporate signature on this lease
• 4+ years remaining with 2 (5-year) option periods left to extend
• Scheduled 3% annual increases in the current term and the remaining options to drive NOI growth and provide a built-in hedge against inflation
• Tenant has been operating since 2008 and used 3 of the total 5 options demonstrating commitment to the site
FOR SALE DETAILS
PRICE
$3,600,000 USD
PRICE/SF
$1,500 USD /SF
CAP RATE
5.69%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
EverBank - Fort Lauderdale FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
CB
APN/PARCEL ID
49-42-13-08-0010
ASK ABOUT THIS PROPERTY
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954-302-7365
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954-302-7365
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