300 NW 2nd St, Fort Lauderdale, FL 33311
Fee-simple garage leased to Brightline under a long-term absolute NNN structure.
Property Features for 300 NW 2nd St
General Information
Building Details
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Based on property information with market context.
The lease provides a 25-year initial term on an absolute NNN basis, with 3.00% annual contractual rent escalations and four 5-year renewal options. Brightline operates a 235-mile intercity passenger rail network in Florida and carried more than 2.8 million passengers during its first full year of operations in 2024. The tenant is headquartered in Miami and holds an S&P rating of BB-.
Key Highlights
- Fee‑simple interest in a single‑tenant parking garage
- 1.0‑acre property at 300 NW 2nd Street, Fort Lauderdale, FL 33311
- 25‑year absolute NNN lease
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Lease Details
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Trade Area within ½ mile
Demographics for 33311, FL
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