Fully Leased Retail
3351 N Andrews Ave Fort Lauderdale, FL 33309
3351 N Andrews Ave, Fort Lauderdale, FL, 33309
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For Sale
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Fully leased retail property with strong visibility on N Andrews Avenue near Oakland Park Boulevard.
Property Size1,702 SF
Price / SF$478.43
Days on Market71
Property Features for 3351 N Andrews Ave
General Information
- Standard status
- Active
- Size
- 1,702 SF
- Property subtype
- RETAIL
Listing agency
Native Realty
(954) 595-2999
Listed by
Jaime Sturgis · License #3246270
Source
Moodyscre
Added: May 13 Updated: Jul 21 at 7:26PM Checked: Jul 21 at 7:26PM
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 fully leased retail property is located in an established Fort Lauderdale corridor. The asset offers retail space totaling 1,702 square feet and is being sold as an income-producing, occupied commercial real estate offering.
Positioned for visibility along N Andrews Avenue near Oakland Park Boulevard, the property also benefits from convenient access to I-95, US-1, and Downtown Fort Lauderdale. The surrounding area includes a mix of residential and commercial uses.
For prospective tenants, buyers, and brokers, the combination of an active, leased retail setup and a prominent arterial location provides a straightforward option for those seeking a currently occupied retail asset in Fort Lauderdale.
Positioned for visibility along N Andrews Avenue near Oakland Park Boulevard, the property also benefits from convenient access to I-95, US-1, and Downtown Fort Lauderdale. The surrounding area includes a mix of residential and commercial uses.
For prospective tenants, buyers, and brokers, the combination of an active, leased retail setup and a prominent arterial location provides a straightforward option for those seeking a currently occupied retail asset in Fort Lauderdale.
Key Highlights
- Fully leased commercial retail property
- Strong visibility along N Andrews Avenue near Oakland Park Boulevard
- Convenient access to I‑95, US‑1, and Downtown Fort Lauderdale
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 | $47.0k | $27.60 |
| − Vacancy | −$3.7k | −$2.15 |
| EGI | $43.3k | $25.45 |
| − OpEx | −$13.0k | −$7.63 |
| NOI | $30.3k | $17.81 |
1,702 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$433.1K
$379.0K – $505.3K
NOI $30,318 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,062 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Notary By Shirl
Law Firm
RTJGroup
Association Or Organization
Hchcontractors2018
Association Or Organization
blue wave
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fully leased retail property with strong visibility on N Andrews Avenue near Oakland Park Boulevard.
Where is this retail space located?
The property is located at 3351 N Andrews Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $814,285.
What are key features of this property?
This property features: Fully leased commercial retail property; Strong visibility along N Andrews Avenue near Oakland Park Boulevard; Convenient access to I‑95, US‑1, and Downtown Fort Lauderdale
