Mixed-Use Retail Asset For
For Sale
Contact for pricing
1900-1914 E Sunrise Blvd, Fort Lauderdale, FL 33304
Premier mixed-use retail asset in Fort Lauderdale's urban core.
Property Size62,411 SF
Price / SF$538.37
Days on Market154
Property Features for 1900-1914 E Sunrise Blvd
General Information
Standard status
Active
Size
62,411 SF
Class
A
Property subtype
Mixed Use, Office, Retail
Zoning
B-1
Lease Type
NNN
Building Details
Buildings
9
Units
44
Tenancy
Multi
Listing Agency:
Native Realty
(954) 595-2999
Listed By:
Jaime Sturgis · License #3246270
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 11 at 3:22PM
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 Native Realty
Investment Insights
Based on property information with market context.
This mixed-use retail asset is located along the Sunrise Blvd & Federal Highway corridor in Fort Lauderdale. The property consists of 58,821 square feet of building space. It is anchored by a mix of local and regional tenants operating on NNN leases. The property represents a stabilized income-producing asset in a sought-after commercial corridor, with potential for increased income through lease-up of existing vacancies and rent escalations. The property size is 62,411 square feet.
Key Highlights
- Premier mixed‑use retail asset in Fort Lauderdale's urban core.
- Strategically located on the highly trafficked Sunrise Blvd & Federal Highway corridor.
- 58,821 sq. ft. building with a diverse mix of established tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,792,943
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$35,858,860
$35.9M
Cap Rate 7%
$25,613,471
$25.6M
Cap Rate 9%
$19,921,589
$19.9M
Market Conditions
NOI Build-Up for 62,411 SF
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.
Gross rent
$2.85M $45.60/SF
− Vacancy
−$455.4K −$7.30/SF
EGI
$2.39M $38.30/SF
− OpEx
−$597.6K −$9.58/SF
NOI
$1.79M $28.73/SF
Area
Fort Lauderdale, FL
Vacancy
16.00%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$35,858,860
Cap Rate 7%
$25,613,471
Cap Rate 9%
$19,921,589
Alternative Uses
Best Use
Office B
$25.61M
$22.41M – $29.88M
NOI $1,792,943 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$15.88M
$13.90M – $18.53M
NOI $1,111,730 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$41.94M
$36.70M – $48.93M
NOI $2,935,813 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
Explore this area
Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Market
Vacancy Rate% for Office in Fort Lauderdale, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Premier mixed-use retail asset in Fort Lauderdale's urban core.
Where is this mixed-use property located?
The property is located at 1900-1914 E Sunrise Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $33,600,000.
What are key features of this property?
This property features: Premier mixed‑use retail asset in Fort Lauderdale's urban core.; Strategically located on the highly trafficked Sunrise Blvd & Federal Highway corridor.; 58,821 sq. ft. building with a diverse mix of established tenants.
