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Single-Tenant Absolute NNN Property
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2521 E Commercial Boulevard, Fort Lauderdale, FL 33308

Bank-occupied commercial property with lease extensions and scheduled annual increases.

Property SizeContact for details
Days on Market5

Property Features for 2521 E Commercial Boulevard

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 53,500 vehicles/day

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Tampa
Listed By: William Wamble · License #SL3257920
Source: Crexi
Added: Sep 8 Changed: Sep 11 Last Checked: Sep 11 at 2:46PM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

This single-tenant commercial property is occupied by EverBank under an absolute NNN lease. The current term has 4+ years remaining, followed by 2 five-year extension options. Contractual rent increases of 3% annually apply during the current term. The tenant has operated at the property since 2008 and has exercised 3 of the 5 total options. Under the lease structure, the tenant handles CAM, taxes, insurance, and property maintenance, leaving no landlord responsibilities identified in the lease summary.

The property occupies the hard corner of E. Commercial Boulevard and NE 26th Ave in Fort Lauderdale. E. Commercial Boulevard carries more than 53,500 vehicles per day, while Interstate 95 is less than 2.5 miles away and averages more than 270,000 vehicles per day. Nearby retail includes Starbucks, Jersey Mike's, Burger King, Dunkin', and Wendy's. Coral Ridge Mall is within 2 miles and recorded more than 4.5 million visitors over the past 12 months.

Key Highlights

  • Single‑tenant EverBank occupancy since 2008
  • Absolute NNN lease with 4+ years remaining
  • 2 (5‑year) option periods remain; 3 of 5 total options exercised

Property Analytics

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Current Use

Bank of Florida Bank EverBank Bank

Suggested Use

Top Pick Garden Center Barber Shop (Bike/Boat/Book/etc) Store Storage Facility Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

53,500 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,417
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 31% Hotels & Casinos 2%
Starbucks Dining
19,210 visits/mo 0.4 miles
Mobil Shops & Services
16,189 visits/mo 0.1 miles
Benihana Dining
13,726 visits/mo 0.4 miles
Olive Garden Dining
12,658 visits/mo 0.4 miles
Bank of America Shops & Services
12,011 visits/mo 0.4 miles

Demographics for 33308, FL

29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
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

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Bank-occupied commercial property with lease extensions and scheduled annual increases.
Where is this nnn property located?
The property is located at 2521 E Commercial Boulevard Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Single‑tenant EverBank occupancy since 2008; Absolute NNN lease with 4+ years remaining; 2 (5‑year) option periods remain; 3 of 5 total options exercised
(813) 371-1079 Call to check price and availability
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