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Shopping Strip

2891-2899 W Sunrise Blvd.

2899 W Sunrise Blvd, Fort Lauderdale, FL 33311

Listing Price: $700,000

Cap Rate
2.01%
Gross SF
2,639
Rentable SF
2,639
Price/Gross SF
$265.25
Lot Size
0.23 acres
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to offer 2891-2899 W Sunrise Blvd, a 2,639 square foot 4 tenant retail center in Fort Lauderdale, FL. The property benefits from easy access to I-95 and is surrounded by many nationally recognized retailers such as Subway, KFC, Dunkin Donuts, Family Dollar, 7-Eleven, O'Reilly's, and many more. 2891-2899 W Sunrise Blvd is 100% by four long term tenants that have successfully operated out of this location for over 10 years. All four tenants are on month to month leases paying well below market rents allowing for immediate and significant upside bringing the rents to current market conditions.

2891-2899 W Sunrise Blvd offers an investor or owner/user the opportunity to acquire a retail center on prime Sunrise Blvd in Fort Lauderdale with tremendous upside.

Investment Highlights

  • Significant and Immediate Upside
  • Well Below Market Rents
  • Long Term Tenants on Month to Month Leases
  • Easy Management
  • Easy Access to I-95
  • Heavily Trafficked Sunrise Blvd (54,000+ VPD)
  • Strong Occupancy Rates Throughout Submarket (97%)
  • Population Over 184,000 People Within a 3 Mile Radius

Exclusively Listed By

Shopping Strip

2891-2899 W Sunrise Blvd.

Listing Price: $700,000

Cap Rate
2.01%
Gross SF
2,639
Rentable SF
2,639
Price/Gross SF
$265.25
Lot Size
0.23 acres
Year Built
1986

Investment Highlights

  • Significant and Immediate Upside
  • Well Below Market Rents
  • Long Term Tenants on Month to Month Leases
  • Easy Management
  • Easy Access to I-95
  • Heavily Trafficked Sunrise Blvd (54,000+ VPD)
  • Strong Occupancy Rates Throughout Submarket (97%)
  • Population Over 184,000 People Within a 3 Mile Radius

Investment Overview

Marcus & Millichap is pleased to offer 2891-2899 W Sunrise Blvd, a 2,639 square foot 4 tenant retail center in Fort Lauderdale, FL. The property benefits from easy access to I-95 and is surrounded by many nationally recognized retailers such as Subway, KFC, Dunkin Donuts, Family Dollar, 7-Eleven, O'Reilly's, and many more. 2891-2899 W Sunrise Blvd is 100% by four long term tenants that have successfully operated out of this location for over 10 years. All four tenants are on month to month leases paying well below market rents allowing for immediate and significant upside bringing the rents to current market conditions. 2891-2899 W Sunrise Blvd offers an investor or owner/user the opportunity to acquire a retail center on prime Sunrise Blvd in Fort Lauderdale with tremendous upside.

Exclusively Listed By

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