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    1790 E Commercial Blvd Oakland Park, FL

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    For Sale
    $5,600,000

    NNN leased Synovus Bank with 15+ years remaining in Oakland Park.

    Property size:
    2,800 SF
    Lot size:
    0.44 Acres

    Property Features for 1790 E Commercial Blvd

    General Information

    Size
    2,800 SF
    Lot size
    0.44 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Park Bank Investment Opportunity

    This property is leased to Synovus Bank, which operates over 350 locations nationwide. The lease is corporate signed by Synovus Bank. The tenant pays for CAM, taxes, and insurance, and maintains the premises. Landlord responsibilities are limited to maintaining the structure, making this an ideal, low-management investment for a passive investor. The lease features 10% rental increases every 5 years and at the beginning of each option period. Synovus Bank has over 15 years remaining on their current term with 3 (5-year) options to extend, demonstrating their commitment to the site. The property is located in Oakland Park, Florida, a state with no state income tax. The building size is 2,800 square feet.
    Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.123024
    Latitude
    26.14536

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    FAQs

    What type of property is this?
    Bank - NNN leased Synovus Bank with 15+ years remaining in Oakland Park.
    Where is this bank located?
    The property is located at 1790 E Commercial Blvd Oakland Park, FL.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: - Long-term lease with Synovus Bank (15+ years remaining) demonstrates commitment.; - Corporate lease signed by Synovus Bank, a national operator with over 350 locations.; - 10% rental increases every 5 years and at option periods, increasing NOI.
    (954) 703-3600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1790 E Commercial Blvd Oakland Park, FL
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