1040-1052 E Oakland Park Blvd
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1040-1052 E Oakland Park Blvd
14,273 SF 100% Leased Retail Building Fort Lauderdale, FL 33334 £2,855,943 (£200/SF)
Investment Highlights
- Heavy traffic on Oakland Park Blvd
- Property is in great condition
- Two asset classes in one sale
Executive Summary
Prime investment opportunity to own two different asset classes. Property has excellent exposure on Oakland Park Blvd and Dixie Highway in downtown Oakland Park. Value add opportunity due to low rents relative to market. There are 7 retail bays in the building facing Oakland Park Blvd and 5 warehouse bays in the rear building. The alleyway between the buildings is also owned by the property and is included in the sale. Each retail bay is about 1,000 square feet and each warehouse bay is about 1,400 square feet. 100% leased.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,273 SF
Building Class
C
Year Built
1962
Price
£2,855,943
Price Per SF
£200
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.62
Land Acres
0.53 AC
Zoning
MR - General Commercial
Parking
14 Spaces (1.68 Spaces per 1,000 SF Leased)
Frontage
99 ft on E Oakland Park Blvd
Amenities
- Bus Route
Walk Score ®
Very Walkable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 49-42-26-11-0025 | Improvements Assessment | £668,212 |
Land Assessment | £223,350 | Total Assessment | £891,563 |
PROPERTY TAXES
Parcel Number
49-42-26-11-0025
Land Assessment
£223,350
Improvements Assessment
£668,212
Total Assessment
£891,563
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1040-1052 E Oakland Park Blvd
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