Franklin Street is pleased to present 702–706 NE 1st Avenue, an 8,864-square-foot two-story retail building in the heart of Fort Lauderdale’s Flagler Village. The first floor spans 6,382 square feet and is fully built out as a restaurant and bar space, with the flexibility to be divided into two units of approximately 3,255 and 3,127 square feet. The second
floor offers 2,482 square feet of newly renovated office space with clean, modern finishes, providing a functional and attractive environment for a variety of users. This layout makes the property ideal for an owner-user or as a value-add investment through lease-up at market rates.
Located steps from major redevelopment projects, including Hines’ 835,000-square-foot FAT Village and the Searstown Redevelopment, the site offers unmatched access to one of South Florida’s fastest-growing corridors. It is within walking distance of the Brightline station and near I-95 and N Andrews Avenue.
Surrounded by over 150,000 residents within three miles with average household incomes above $109,000, the property offers strong long-term rent growth potential in a high-barrier-to-entry market.