Category: Flex Space
Price:$2,299,999
Location: Fort Lauderdale, FL
Year Built: 1985
Days on Market: 62
Description:
A rare opportunity to acquire a fully occupied retail/office flex property along one of Fort Lauderdale’s most prominent commercial corridors. Strategically positioned on US-1, the asset benefits from strong daily traffic counts, affluent surrounding demographics, and continued residential and mixed-use growth along the Federal Highway corridor. The property serves established neighborhoods including Coral Ridge, Imperial Point, and Coral Ridge Country Club Estates, providing a dense, high-income consumer base that supports sustained retail demand. Zoned B-1 (Community Business District), the site allows for a wide range of retail, office, medical, and service-oriented uses. With stable in-place income and projected upside to a pro forma NOI of $170,000, the property offers both immediate cash flow and long-term growth potential.
Fully occupied retail/office flex on US-1. B-1 zoning. Strong traffic & demographics. Pro forma NOI $170K. Prime Fort Lauderdale corridor.
Listing Code: 1153278935