4820 N Federal Hwy - Bank FOR SALE


Lighthouse Point, FL 33064
$4,500,000 USD
954-564-4666
4820 N Federal Hwy, Lighthouse Point, FL for Sale
$4,500,000 USD
Bank - FOR SALE
1/29
null | Request Cap Rate

4820 N Federal Hwy
Lighthouse Point, FL 33064


HIGHLIGHTS

  • Great visibility
  • 1.14 AC - Great upside for redevelopment
  • B-3a Zoning allows for flexibility within Business District uses
  • National tenant is currently in place on a NNN lease
  • Located on high-traffic N. Federal Highway
  • 2 Ingress/Engress points

OVERVIEW

Located in a prime location in Broward County on the east side of Federal Highway between 10th Street and Sample in Lighthouse Point. Zoned B-3A which is considered the most inclusive land use zoning in the special business districts which provides major flexibility uses permitted allowed in B-1, B-2, B-2A or B-3. Free standing building situated on a large parcel (1.14AC). Great upside for redevelopment if desired. This property has high visibility on FEDERAL HWY approx. 44,000 VPD & surrounded by well-known chain in immediate area such as McDonalds, Walmart, Toyota, Target and Cadillac dealership. National tenant is currently in place on a NNN lease with option in place. SELLER WOULD CONSIDER OWNER FINANCING AS LOW AS 4% INTEREST RATE

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,391 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First Horizon Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

B-3A

APN/PARCEL ID

48-43-07-00-0540

ASK ABOUT THIS PROPERTY

George ColoneyThe Keyes CompanyMore Info
954-564-4666

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George ColoneyThe Keyes CompanyMore Info
954-564-4666

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