Single-Tenant Absolute NNN
For Sale
$3,600,000
2521 E Commercial Blvd, Fort Lauderdale, FL 33308
Bank-occupied commercial property with lease extensions and scheduled annual increases.
Property Size2,525 SF
Days on Market48
Property Features for 2521 E Commercial Blvd
General Information
Standard status
Active
Size
2,525 SF
Property subtype
Retail
Zoning
CB - Commercial Business
Site & Location
Corner Location
Yes
Traffic Count
53,500 vehicles/day
Building Details
Building Size
2,525 SF
Year Built
2009
Stories
1
Tenancy
Single
Listed By:
Patrick Nutt
(703) 434-2599
Source:
Srsre
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 4:38AM
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 Patrick Nutt
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
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 Blvd 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
