3007 W Commercial Blvd Fort Lauderdale, FL 33309
First floor storefront suitable for retail or restaurant use.
Property Features for 3007 W Commercial Blvd
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Office, Retail
Listing office Total R E Consultants Inc
Listing date Dec 4, 2024
Source Crexi
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 Total R E Consultants Inc
Investment Insights
Based on property information with market context.
Key Highlights
- First floor corner storefront space.
- High traffic location: 55,000 vehicles daily on Commercial Blvd.
- B‑1 zoning suitable for various businesses, including retail.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $27.60 |
| − Vacancy | −$2.2k | −$2.15 |
| EGI | $25.4k | $25.45 |
| − OpEx | −$7.6k | −$7.63 |
| NOI | $17.8k | $17.81 |
