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Shopping Neighborhood

Wilton Plaza

1881 NE 26th St, Wilton Manors, FL 33305

Listing Price: $5,520,000

Cap Rate
6.25%
Gross SF
27,383
Rentable SF
27,383
Price/Gross SF
$201.58
Lot Size
1.17 acres
Year Built
1973

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to offer for sale Wilton Plaza (the “Property”), a two-story retail and office plaza located on over an acre of land in the highly desirable neighborhood of Wilton Manors. The Property consists of 27,383 rentable square feet, with ground-floor retail suites and second-floor office units, and has two stairwells and an exterior elevator. The plaza is currently 90-percent occupied with a diverse rent roll and suites ranging in size from 130 to 1,005 square feet for the office units, and averaging 1,100 square feet for the retail units. Wilton Plaza is located just four blocks west of Federal Highway (US-1) on Northeast 26th Street in Wilton Manors, allowing for easy access to major roads and highways in Broward County, and is within minutes of Downtown Fort Lauderdale and the Fort Lauderdale International Airport. Situated just one-mile from the beach, the area sees high traffic counts in an affluent neighborhood, with average household incomes above $95,000 within a three-mile radius, and a median home value in excess of $400.000.

Investment Highlights

  • HIGHLY SOUGHT-AFTER NEIGHBORHOOD IN THE CENTER OF EAST BROWARD COUNTY
  • PRIME LOCATION JUST WEST OF FEDERAL HIGHWAY (US-1), WHICH HAS TRAFFIC COUNTS ABOVE 52,000 VEHICLES PER DAY
  • LOCATED ONE-MILE FROM FORT LAUDERDALE BEACH

Exclusively Listed By

Shopping Neighborhood

Wilton Plaza

Listing Price: $5,520,000

Cap Rate
6.25%
Gross SF
27,383
Rentable SF
27,383
Price/Gross SF
$201.58
Lot Size
1.17 acres
Year Built
1973

Investment Highlights

  • HIGHLY SOUGHT-AFTER NEIGHBORHOOD IN THE CENTER OF EAST BROWARD COUNTY
  • PRIME LOCATION JUST WEST OF FEDERAL HIGHWAY (US-1), WHICH HAS TRAFFIC COUNTS ABOVE 52,000 VEHICLES PER DAY
  • LOCATED ONE-MILE FROM FORT LAUDERDALE BEACH

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to offer for sale Wilton Plaza (the “Property”), a two-story retail and office plaza located on over an acre of land in the highly desirable neighborhood of Wilton Manors. The Property consists of 27,383 rentable square feet, with ground-floor retail suites and second-floor office units, and has two stairwells and an exterior elevator. The plaza is currently 90-percent occupied with a diverse rent roll and suites ranging in size from 130 to 1,005 square feet for the office units, and averaging 1,100 square feet for the retail units. Wilton Plaza is located just four blocks west of Federal Highway (US-1) on Northeast 26th Street in Wilton Manors, allowing for easy access to major roads and highways in Broward County, and is within minutes of Downtown Fort Lauderdale and the Fort Lauderdale International Airport. Situated just one-mile from the beach, the area sees high traffic counts in an affluent neighborhood, with average household incomes above $95,000 within a three-mile radius, and a median home value in excess of $400.000.

Exclusively Listed By

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