5130 N Federal Hwy - Storefront Retail/Office FOR SALE


Fort Lauderdale, FL 33308- Landings
$4,000,000 USD
954-487-1926
5130 N Federal Hwy, Fort Lauderdale, FL for Sale
$4,000,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 6.38% Cap Rate

5130 N Federal Hwy
Fort Lauderdale, FL 33308
Landings


HIGHLIGHTS

  • 100% occupied multi tenant retail – 12 units 967/SF each
  • Value-Add Opportunity with below market rents
  • Short WALT of 3.26 years
  • Prime Location: 100 Feet of Direct frontage on heavily trafficked Federal Highway (50,000+ VPD)
  • Strong Demographics: 250,000+ residents within a 5-mile radius | $105,000+ average household income
  • 6 of the 12 units recently renovated by the current owner

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Offices & Shoppes at Coral Ridge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

B-1

APN/PARCEL ID

49-42-13-09-0040

ASK ABOUT THIS PROPERTY

Adam LightmanFranklin StreetMore Info
954-487-1926

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Adam LightmanFranklin StreetMore Info
954-487-1926

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