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Commercial Blvd Retail Development
For Lease
$40 SF/Yr

7240 W Commercial Blvd, Lauderhill, FL 33319

New retail, office, and medical space for lease on Commercial Blvd.

Space SizeContact for details
Lot Size1.33 Acres
Days on Market683

Property Features for 7240 W Commercial Blvd

General Information

Standard status Active
Lot size 1.33 Acres

Taxes and HOA fees

Annual Taxes $18,026
Listing Agency: Box Real Estate LLC
Listed By: Jason Chamely · License #3180591
Source: Exprealty
Added: Oct 9, 2024 Changed: Aug 20 Last Checked: Aug 22 at 12:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Box Real Estate LLC

Investment Insights

Based on property information with market context.

This new retail development is located on Commercial Boulevard in Northwest Broward County, Florida. The development includes two buildings on 1.33 acres. One building is a new approximately 2,400 square foot free-standing drive-through quick-service restaurant (QSR). The second building will consist of approximately 7,000 square feet of retail, office, and medical space, divided into approximately 1,500 square foot suites. Ample parking is available across both parcels. The property has various potential uses under C3 Zoning in the City of Lauderhill. It features 200 feet of frontage directly on Commercial Boulevard, with a hard turn in and an existing monument sign. Commercial Boulevard is a main thoroughfare with a daily traffic count of over 54,000 vehicles.

Key Highlights

  • High traffic location: Boasting 200' frontage on Commercial Blvd with 54,000+ daily traffic count.
  • New retail development: Two buildings on 1.33 acres.
  • Drive‑through QSR: Includes a new ~2,400 sqft free‑standing drive‑through QSR.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Parts Store Storage Facility Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

Demographics for 33319, FL

51,891
Population
25,046
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
86%
High-School Grad
6.8 sq mi
ZIP Area
7,631
Density / Sq Mi
$55,071
Median Household Income
$35,218
Median Earnings
$1,633
Median Rent
$228,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - New retail, office, and medical space for lease on Commercial Blvd.
Where is this retail property located?
The property is located at 7240 W Commercial Blvd Lauderhill, FL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: High traffic location: Boasting 200' frontage on Commercial Blvd with 54,000+ daily traffic count.; New retail development: Two buildings on 1.33 acres.; Drive‑through QSR: Includes a new ~2,400 sqft free‑standing drive‑through QSR.
More about this property
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