High-Traffic Retail Storefront
For Sale
Contact for pricing
1296 NW 31st Avenue Unit A, Fort Lauderdale, FL 33311
Retail storefront suite with strong traffic counts, ample parking, signage options, and convenient access to major roads.
Property Size4,296 SF
Price / SF$0.58
Days on Market125
Property Features for 1296 NW 31st Avenue Unit A
General Information
Standard status
Active
Size
4,296 SF
Property subtype
Retail
Building Details
Year Built
1986
Listing Agency:
Preferred Properties Int'l Rea
(561) 477-1193
Listed By:
Tiwana D Holmes · License #3345100
(954) 825-6789
Source:
Lehmannflorida
Added: Jun 17
Changed: Oct 16
Last Checked: Oct 16 at 8:43AM
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 Preferred Properties Int'l Rea
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a retail storefront suite (Unit D) within a broader retail/commercial offering, marketed as available for lease. It is positioned for customer-facing use and can support retail, professional services, and other approved uses, subject to applicable approvals.
Located at 1296 NW 31st Avenue in Fort Lauderdale, the space benefits from a high-visibility setting with strong traffic counts. The site also offers ample parking and signage opportunities, along with easy access to major roads.
Overall, this is a straightforward retail storefront configuration designed to serve customers directly from a prominent, accessible road-facing location.
Located at 1296 NW 31st Avenue in Fort Lauderdale, the space benefits from a high-visibility setting with strong traffic counts. The site also offers ample parking and signage opportunities, along with easy access to major roads.
Overall, this is a straightforward retail storefront configuration designed to serve customers directly from a prominent, accessible road-facing location.
Key Highlights
- Built in 1986 retail/commercial storefront suite available for lease
- Strong traffic counts at the storefront location
- Ample on‑site parking for customers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,525
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,500
$1.5M
Cap Rate 7%
$1,093,214
$1.1M
Cap Rate 9%
$850,278
$850.3K
Market Conditions
NOI Build-Up for 4,296 SF
Gross rent
$118.6K $27.60/SF
− Vacancy
−$9.2K −$2.15/SF
EGI
$109.3K $25.45/SF
− OpEx
−$32.8K −$7.63/SF
NOI
$76.5K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,500
Cap Rate 7%
$1,093,214
Cap Rate 9%
$850,278
Alternative Uses
Best Use
Retail
$1.09M
$956.6K – $1.28M
NOI $76,525 @ 7.0% cap · market cap 3,061.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,084 @ 7.0% cap · market cap 8,083.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 33%
Beauty & Spa 2%
Exxon
Shops & Services
13,242 visits/mo
0.3 miles
KFC
Dining
12,336 visits/mo
0.3 miles
Marathon
Shops & Services
10,750 visits/mo
0.4 miles
Bubbles
Beauty & Spa
859 visits/mo
0.1 miles
United Rentals
Home Improvements & Furnishings
161 visits/mo
0.4 miles
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront suite with strong traffic counts, ample parking, signage options, and convenient access to major roads.
Where is this storefront property located?
The property is located at 1296 NW 31st Avenue Unit A Fort Lauderdale, FL.
What are key features of this property?
This property features: Built in 1986 retail/commercial storefront suite available for lease; Strong traffic counts at the storefront location; Ample on‑site parking for customers
