Front and Rear Parking Retail
1744 E Commercial Blvd Fort Lauderdale, FL 33334
For Sale
Contact for pricing
Two retail units totaling 3,632 sq ft, with front and rear parking and convenient access near major highways.
Property Size3,632 SF
Price / SF$357.93
Days on Market118
Property Features for 1744 E Commercial Blvd
General Information
- Standard status
- Active
- Size
- 3,632 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing Agency:
RE/MAX Advance Realty
(786) 380-5180
Listed By:
Dania Diaz · License #3140615
Source:
Crexi
Added: Mar 28
Changed: Jul 21
Last Checked: Jul 21 at 2:40PM
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 RE/MAX Advance Realty
Investment Insights
Based on property information with market context.
This retail building includes two storefront units with front and rear parking. Unit 1 consists of 1,020 sq ft and is leased to Estrella Insurance through 2029. Unit 2 offers 2,612 sq ft and is currently vacant, providing flexibility for an owner-operator or future tenant.
The property is located on Commercial Boulevard, just west of US-1. Access is described as easy with nearby connections within 1–6 miles to I-95, the Turnpike, Federal Highway, and the Beaches.
At 3,632 sq ft total building size, the layout supports either leasing both units independently or consolidating opportunities depending on end-user requirements.
The property is located on Commercial Boulevard, just west of US-1. Access is described as easy with nearby connections within 1–6 miles to I-95, the Turnpike, Federal Highway, and the Beaches.
At 3,632 sq ft total building size, the layout supports either leasing both units independently or consolidating opportunities depending on end-user requirements.
Key Highlights
- Two retail units totaling 3,632 sq ft on Commercial Boulevard
- Unit 1: 1,020 sq ft leased to Estrella Insurance through 2029
- Unit 2: 2,612 sq ft vacant
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.2k | $27.60 |
| − Vacancy | −$7.8k | −$2.15 |
| EGI | $92.4k | $25.45 |
| − OpEx | −$27.7k | −$7.63 |
| NOI | $64.7k | $17.81 |
3,632 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$924.2K
$808.7K – $1.08M
NOI $64,697 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $170,849 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Smart Start Ignition ...
Building Supply
Versa Kitchen & Floors ...
Construction Company
Estrella Insurance #336
Insurance Agency
Bitbox Bitcoin ATM
Atm
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- Kathy’s Florist — 4448 NE 20th Ave, Oakland Park, FL 33308
- Flowers & Company — 4550 Dixie Hwy, Fort Lauderdale, FL 33334
FAQs
What type of property is this?
Storefront property - Two retail units totaling 3,632 sq ft, with front and rear parking and convenient access near major highways.
Where is this storefront property located?
The property is located at 1744 E Commercial Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two retail units totaling 3,632 sq ft on Commercial Boulevard; Unit 1: 1,020 sq ft leased to Estrella Insurance through 2029; Unit 2: 2,612 sq ft vacant