2400 E Las Olas Blvd - Storefront Retail/Office FOR SALE


Fort Lauderdale, FL 33301- Idlewyld
$14,750,000 USD
407-733-6730
2400 E Las Olas Blvd, Fort Lauderdale, FL for Sale
$14,750,000 USD
Storefront Retail/Office - FOR SALE
1/27
null | 4.74% Cap Rate

2400 E Las Olas Blvd
Fort Lauderdale, FL 33301
Idlewyld


HIGHLIGHTS

  • Investment or development opportunity
  • Anchor restaurant and 4 retail/office spaces
  • Sale includes a parking lot of 43 spaces
  • Heavy drive by traffic
  • Las Olas facing property
  • Parking lot recently redone and restriped

OVERVIEW

Seize the opportunity to own a prestigious commercial property located on iconic Las Olas Boulevard in Fort Lauderdale, Florida. New to market is a unique blend of (4) retail / office spaces, a thriving restaurant, and ample parking, making it a versatile investment with significant development potential. This outstanding property features 15,498 square feet of rentable/interior space on a spacious lot size of 43,843 square feet. The sale includes a generous parking lot with 43 spaces, a rare find in this bustling area. All four (4) distinct retail/office spaces have all been completely remodeled to cater to various types of high end clientele. The well-established restaurant is already in place, providing a steady stream of income and attracting foot traffic to the location. This property presents a rare opportunity for investment or development. Whether you're looking to maintain a portfolio of established tenants or considering a development project on a Las Olas facing property, this property is an exceptional investment. Additional information, financials, and Offering Memorandum available - please contact listing agent.

FOR SALE DETAILS

PRICE

$14,750,000 USD

PRICE/SF

$952 USD /SF

CAP RATE

4.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

43,843 SF Lot, 15,498 SF of Rentable/Interior

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

CB, Fort Lauderdale

APN/PARCEL ID

50-42-12-05-0040

ASK ABOUT THIS PROPERTY

Shawn VillarroelLas Olas Real Estate ProfessionalsMore Info
407-733-6730

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Shawn VillarroelLas Olas Real Estate ProfessionalsMore Info
407-733-6730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.