1260 W Sunrise Blvd
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1260 W Sunrise Blvd
20,427 SF 27% Leased Retail Building Fort Lauderdale, FL 33311 £5,085,925 (£249/SF)
Investment Highlights
- Traffic counts over 65,000 vehicles per day
- Highly sought after B-3 zoning allows for many uses
- The corridor is synergistic as it is full of other automotive and accessory retailers
- Direct access to property from both east and west travel with curb cuts and pylon
- This building is perfectly situated only ¼ mile east of I-95 and just minutes from Federal Hwy
Executive Summary
Building has two tenants, Tire Hut and Tint World
Owner of Tire Hut occupies 15,000 sq ft and is willing to sell business and/or vacate
Tint World occupies 5,400 sq ft (contact agent for lease details)
Potential for new owner to bring leases up to market rent
Valuation based on sales comps/sq ft and pro-forma NOI
Owner of Tire Hut occupies 15,000 sq ft and is willing to sell business and/or vacate
Tint World occupies 5,400 sq ft (contact agent for lease details)
Potential for new owner to bring leases up to market rent
Valuation based on sales comps/sq ft and pro-forma NOI
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£295,688
|
£14.48
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £295,688 |
| Annual Per SF | £14.48 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,427 SF
Building Class
C
Year Built
1993
Price
£5,085,925
Price Per SF
£249
Percent Leased
27%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.43
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
B-3 - Heavy Commercial/Light Industrial Business District is intended for heavy commercial business uses, wholesale, warehousing, storage operations
Parking
53 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
229 ft on W Sunrise Blvd
Amenities
- Bus Route
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 50-42-04-15-0110 | Improvements Assessment | £1,465,944 |
| Land Assessment | £415,285 | Total Assessment | £1,881,229 |
PROPERTY TAXES
Parcel Number
50-42-04-15-0110
Land Assessment
£415,285
Improvements Assessment
£1,465,944
Total Assessment
£1,881,229
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1260 W Sunrise Blvd
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