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Retail Investment Property
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3234 N Andrews Ave., Fort Lauderdale, FL 33309

Retail property totaling 7,650 SF, presented for sale with a stated 5.10% cap rate.

Property Size7,650 SF
Days on Market119

Property Features for 3234 N Andrews Ave.

General Information

Standard status Active
Size 7,650 SF
Property subtype Retail

Additional Details

Cap Rate 5.1%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Jul 20 Last Checked: Jul 23 at 5:51AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This retail property is being offered for sale and is listed with a stated 5.10% cap rate. The offering also references a total size of 7,650 SF.

The property is located at 3234 N. Andrews Ave. in Fort Lauderdale, Florida.

For buyers evaluating retail income potential, this listing provides the stated cap rate and total square footage within the retail asset category.

Key Highlights

  • Retail property for sale totaling 7,650 SF
  • Stated 5.10% cap rate

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Dental Office Veterinary Clinic Parking Lot & Garage Arcade & Gaming Center Cafe & Coffee Shop Pet Store

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

Location Intelligence

Trade Area within ½ mile

2,379
Businesses Nearby
149k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 23% Leisure 8% Hotels & Casinos 5%
Starbucks Dining
17,296 visits/mo 0.4 miles
Twin Peaks Dining
17,286 visits/mo 0.3 miles
LongHorn Steakhouse Dining
16,246 visits/mo 0.2 miles
Regal Cypress Creek Station Leisure
12,355 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
11,895 visits/mo 0.2 miles

Demographics for 33309, FL

37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value

Market

Vacancy Rate% for Retail in Fort Lauderdale, FL

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property totaling 7,650 SF, presented for sale with a stated 5.10% cap rate.
Where is this retail space located?
The property is located at 3234 N Andrews Ave. Fort Lauderdale, FL.
What are key features of this property?
This property features: Retail property for sale totaling 7,650 SF; Stated 5.10% cap rate
(858) 373-3100 Call to check price and availability
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