Retail Space with Gated Outdoor
For Sale
Contact for pricing
2700 E Oakland Park Blvd, Fort Lauderdale, FL 33306
Modern glass-fronted retail suite with gated outdoor space and high-traffic exposure on Oakland Park Blvd.
Property Size6,832 SF
Price / SF$291.28
Days on Market122
Property Features for 2700 E Oakland Park Blvd
General Information
Standard status
Active
Size
6,832 SF
Property subtype
RETAIL
Listing Agency:
Native Realty
(954) 595-2999
Listed By:
Jaime Sturgis · License #3246270
Source:
Moodyscre
Added: May 14
Changed: Aug 14
Last Checked: Sep 12 at 11:47AM
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 turnkey retail space features modern glass frontage and a gated outdoor area, offering a built-in setup for immediate occupancy. The flexible zoning supports office, Med Spa, or retail use, providing multiple ways to position the property for a suitable end user.
Located at 2700 E Oakland Park Blvd in Fort Lauderdale, the property benefits from high visibility on Oakland Park Blvd with 38K+ daily traffic. Its combination of street-facing presentation and outdoor, gated space can be useful for businesses that want an exterior element as part of their customer experience.
Located at 2700 E Oakland Park Blvd in Fort Lauderdale, the property benefits from high visibility on Oakland Park Blvd with 38K+ daily traffic. Its combination of street-facing presentation and outdoor, gated space can be useful for businesses that want an exterior element as part of their customer experience.
Key Highlights
- High‑visibility location on Oakland Park Blvd with 38K+ daily traffic
- Modern glass frontage retail suite
- Gated outdoor space included
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
$121,699
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
6.12%
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%
$2,433,980
$2.4M
Cap Rate 7%
$1,738,557
$1.7M
Cap Rate 9%
$1,352,211
$1.4M
Market Conditions
NOI Build-Up for 6,832 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
$188.6K $27.60/SF
− Vacancy
−$14.7K −$2.15/SF
EGI
$173.9K $25.45/SF
− OpEx
−$52.2K −$7.63/SF
NOI
$121.7K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
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%
$2,433,980
Cap Rate 7%
$1,738,557
Cap Rate 9%
$1,352,211
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,699 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,377 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 41%
Home Improvements & Furnishings 2%
McDonald's
Dining
27,267 visits/mo
0.3 miles
IHOP
Dining
10,156 visits/mo
0.4 miles
Chevron
Shops & Services
8,516 visits/mo
0.4 miles
Burger King
Dining
8,004 visits/mo
0.5 miles
Family Dollar
Shops & Services
7,184 visits/mo
0.2 miles
Demographics for 33306, FL
3,526
Population
2,109
Households
1.7
Avg Household Size
53
Median Age
44%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
3,918
Density / Sq Mi
$82,375
Median Household Income
$77,118
Median Earnings
$1,369
Median Rent
$469,800
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Modern glass-fronted retail suite with gated outdoor space and high-traffic exposure on Oakland Park Blvd.
Where is this retail space located?
The property is located at 2700 E Oakland Park Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: High‑visibility location on Oakland Park Blvd with 38K+ daily traffic; Modern glass frontage retail suite; Gated outdoor space included
