Franklin Street is pleased to present Offices & Shoppes at Coral Ridge, located at 5130 N Federal Highway in Fort Lauderdale, Florida. This two-story, 11,609-square-foot retail and office asset is strategically positioned at the signalized intersection of N Federal Highway and E Commercial Boulevard—one of the busiest corridors in Broward County. The building is 100% occupied across 12 suites, with a very short weighted average lease term (WALT) and no tenant renewal options, offering near-term flexibility and upside.
The property sits on a 0.34-acre parcel zoned B-1 and was fully renovated in 2017. Tenants include a mix of boutique retail, medical, and professional office users. With in-place rents averaging $25.05/SF—well below market—investors have a clear opportunity to increase income through re-leasing or repositioning as leases roll.
The surrounding submarket features over 248,000 residents and an average household income of $105,000 within a five-mile radius. Proximity to Holy Cross Health, Sea Ranch Village, and established residential neighborhoods drives consistent demand and visibility. Offices & Shoppes at Coral Ridge presents a rare opportunity to acquire a fully leased, small-bay asset with both stability and value-add potential in one of South Florida’s strongest retail corridors.