Bright Retail
1598 Cordova Road, Fort Lauderdale, FL 33316
For Sale
Contact for pricing
Open-plan commercial space with natural light and storefront exposure near 17th Street.
Property Size750 SF
Price / SF$2.75
Days on Market101
Property Features for 1598 Cordova Road
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Century 21 Hansen Realty Inc
(954) 776-5400
Listed By:
Monica Hands · License FL #3091063
(954) 804-2402
Source:
Lehmannflorida
Added: Aug 4
Changed: Nov 10
Last Checked: Nov 10 at 8:22AM
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 Century 21 Hansen Realty Inc
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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.
This retail space at 1598 Cordova Road provides an open interior layout with substantial natural light and storefront exposure. The suite is positioned just off 17th Street in Fort Lauderdale and is identified as part of a retail and business district. The property was built in 1988 and offers accessibility for customer-oriented commercial uses, including retail, showroom, salon, spa, and professional office applications.
Key Highlights
- Open floor plan suited to flexible retail or commercial use
- Abundant natural light throughout the suite
- Storefront exposure for customer‑facing operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,200
$267.2K
Cap Rate 7%
$190,857
$190.9K
Cap Rate 9%
$148,444
$148.4K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$20.7K $27.60/SF
− Vacancy
−$1.6K −$2.15/SF
EGI
$19.1K $25.45/SF
− OpEx
−$5.7K −$7.63/SF
NOI
$13.4K $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%
$267,200
Cap Rate 7%
$190,857
Cap Rate 9%
$148,444
Alternative Uses
Best Use
Retail
$190.9K
$167.0K – $222.7K
NOI $13,360 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.0K
$441.0K – $588.0K
NOI $35,280 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,977
Businesses Nearby
278k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Dining 29%
Apparel 18%
Shops & Services 9%
Publix
Groceries
53,743 visits/mo
0.4 miles
T.J. Maxx
Apparel
26,425 visits/mo
0.4 miles
Ross Dress for Less
Apparel
23,319 visits/mo
0.1 miles
Total Wine & More
Groceries
18,805 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,675 visits/mo
0.1 miles
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
Market
Average Price Trend$/SF for Retail space in Fort Lauderdale, FL
Properties on Market for Retail space in Fort Lauderdale
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - Open-plan commercial space with natural light and storefront exposure near 17th Street.
Where is this retail space located?
The property is located at 1598 Cordova Road Fort Lauderdale, FL.
What are key features of this property?
This property features: Open floor plan suited to flexible retail or commercial use; Abundant natural light throughout the suite; Storefront exposure for customer‑facing operations
