Leased Retail Strip
For Sale
Contact for pricing
Pending
201-203 SW 27th Avenue, Fort Lauderdale, FL 33312
Midland Plaza is a fully leased retail strip center with seven long-term tenants and ongoing parking repaving.
Property Size8,800 SF
Days on Market136
Property Features for 201-203 SW 27th Avenue
General Information
Standard status
Pending
Size
8,800 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
7.83%
Building Details
Year Built
1965
Tenancy
Multi
Listing Agency:
Meridian Commercial
Listed By:
Doug Driver, CCIM, CMI · License #FL BK672274
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 21 at 10:07AM
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 Meridian Commercial
Investment Insights
Based on property information with market context.
Midland Plaza is a +/-8,800-square-foot retail strip center that is 100% leased to seven long-term tenants. Tenants have resided in the building for an average of 15 years. The property consists of a building originally constructed in 1965 as a 1,600-square-foot single-tenant structure, later expanded in 1968 with an additional 7,200 square feet connected using an adjacent parcel.
The center is located just south of Broward Boulevard on 27th Avenue in Fort Lauderdale. The property includes three tax parcels and two separate water meters. The parking lot is in process of being completely repaved, scheduled for completion by the end of May 2018. Midland Plaza is positioned directly across from the entrance of Riverbend Marketplace, a newly built 310,000-square-foot, Walmart-anchored retail center completed in 2016 and home to more than 17 national tenants.
The center is located just south of Broward Boulevard on 27th Avenue in Fort Lauderdale. The property includes three tax parcels and two separate water meters. The parking lot is in process of being completely repaved, scheduled for completion by the end of May 2018. Midland Plaza is positioned directly across from the entrance of Riverbend Marketplace, a newly built 310,000-square-foot, Walmart-anchored retail center completed in 2016 and home to more than 17 national tenants.
Key Highlights
- Midland Plaza is a +/-8,800 SF retail strip center in Fort Lauderdale, FL.
- 100% leased to seven long‑term retail tenants, averaging 15 years in place.
- Three tax parcels and two separate water meters.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
452k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Superstores 31%
Dining 29%
Apparel 5%
Walmart
Superstores
141,526 visits/mo
0.2 miles
Wawa
Shops & Services
43,223 visits/mo
0.1 miles
RaceTrac
Shops & Services
28,524 visits/mo
0.3 miles
Five Below
Shops & Services
24,596 visits/mo
0.1 miles
McDonald's
Dining
22,024 visits/mo
0.2 miles
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Midland Plaza is a fully leased retail strip center with seven long-term tenants and ongoing parking repaving.
Where is this strip mall located?
The property is located at 201-203 SW 27th Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: Midland Plaza is a +/-8,800 SF retail strip center in Fort Lauderdale, FL.; 100% leased to seven long‑term retail tenants, averaging 15 years in place.; Three tax parcels and two separate water meters.
