2909-2911 E Commercial Blvd - Storefront Retail/Residential FOR SALE
Fort Lauderdale, FL 33308- Landings |
$1,299,000 USD
954-280-8989
HIGHLIGHTS
- Strong NOI: $52,800/year with full occupancy
- Fully Leased: 0% vacancy in a high-demand corridor
- Below-Market Rents: Upside potential through renewals
- Prime Exposure: 54’ of frontage with over 43,000 VPD
- Desirable Demographics: Strong local income and retail demand
- Established Tenants: Long-term local businesses in place
OVERVIEW
The Property is a Edelweiss Bakery that has been successfully operating for over 20 years. 2909–2911 E Commercial Blvd features 36 parking spaces, 54’ of high-visibility frontage (43,000+ VPD), and strong demographics ($107k avg. household income within 1 mile). With below-market NNN leases ($2.64–$3.23/SF) and an 88 Walk Score, this turnkey investment provides immediate cash flow and upside through rental adjustments
FOR SALE DETAILS
PRICE
$1,299,000 USD
PRICE/SF
$476 USD /SF
CAP RATE
4.06%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Retail Building with Established Bakery
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
CROSS STREETS
NE 50th St
LAND ACRES
0.04 AC
LAND SF
1,751 SF
ZONING
CB
APN/PARCEL ID
49-42-13-07-0382,49-42-13-07-0383,49-42-13-07-0384
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954-280-8989
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954-280-8989
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