Strip Retail
For Sale
$3,695,000
4200 12th Street, Lauderhill, FL 33313
Strip retail plaza for sale in Lauderhill, Florida, just off State Road 7/441 and across from Lauderhill Mall.
Property Size9,750 SF
Price / SF$378.97
Days on Market184
Property Features for 4200 12th Street
General Information
Standard status
Active
Size
9,750 SF
Property subtype
Retail
Additional Details
Cap Rate
6.5%
Taxes and HOA fees
Annual Taxes
$54,696
Amenities
3
CG
Building Details
Year Built
1973
Listing Agency:
Current Capital Realty
(781) 367-1454
Listed By:
Caio Martin · License #A12015553
(781) 367-1454
Source:
Xome
Added: Feb 14
Changed: Aug 12
Last Checked: Aug 17 at 4:11AM
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 Current Capital Realty
Investment Insights
Based on property information with market context.
Current Capital Realty presents Busy Bee Shops, a 9,750-square-foot strip retail plaza for sale in Lauderhill, Florida.
The property is located just off of State Road 7/441 and is across the street from Lauderhill Mall. Nearby and neighboring businesses include Autozone, Boost Mobile, Citi Trends, Crafty Crab, Dunkin Donuts, Foot Locker, Fresco Supermarket, Rainbow, Subway, Dollar General, McDonalds, and Truist Bank, among others.
This offering is presented as an income-producing investment opportunity.
The property is located just off of State Road 7/441 and is across the street from Lauderhill Mall. Nearby and neighboring businesses include Autozone, Boost Mobile, Citi Trends, Crafty Crab, Dunkin Donuts, Foot Locker, Fresco Supermarket, Rainbow, Subway, Dollar General, McDonalds, and Truist Bank, among others.
This offering is presented as an income-producing investment opportunity.
Key Highlights
- Busy Bee Shops: 9,750 SF strip retail plaza in Lauderhill, FL
- Zoned CG
- Located just off State Road 7/441 and across from Lauderhill Mall
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
$164,865
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
4.46%
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%
$3,297,300
$3.3M
Cap Rate 7%
$2,355,214
$2.4M
Cap Rate 9%
$1,831,833
$1.8M
Market Conditions
NOI Build-Up for 9,750 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
$257.4K $26.40/SF
− Vacancy
−$21.9K −$2.24/SF
EGI
$235.5K $24.16/SF
− OpEx
−$70.7K −$7.25/SF
NOI
$164.9K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /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%
$3,297,300
Cap Rate 7%
$2,355,214
Cap Rate 9%
$1,831,833
Alternative Uses
Best Use
Retail
$2.36M
$2.06M – $2.75M
NOI $164,865 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.95M
$4.33M – $5.77M
NOI $346,261 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
88k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 45%
Apparel 5%
Electronics 1%
McDonald's
Dining
23,433 visits/mo
0.2 miles
Chevron
Shops & Services
13,593 visits/mo
0.4 miles
Dollar General
Shops & Services
11,053 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,089 visits/mo
0.3 miles
Little Caesars Pizza
Dining
6,178 visits/mo
0.1 miles
Demographics for 33313, FL
63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Strip retail plaza for sale in Lauderhill, Florida, just off State Road 7/441 and across from Lauderhill Mall.
Where is this shopping center located?
The property is located at 4200 12th Street Lauderhill, FL.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: Busy Bee Shops: 9,750 SF strip retail plaza in Lauderhill, FL; Zoned CG; Located just off State Road 7/441 and across from Lauderhill Mall
