4820 Federal Hwy Lighthouse Point, FL 33064

Building Details

Year Built

1976

Listing office Flagler Duval Real Estate g***@coloneygroup.com Show Phone

Listing date Jul 15, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

Located in Broward County on the east side of Federal Highway between 10th Street and Sample in Lighthouse Point, this freestanding building is situated on a 1.14-acre parcel. The property is zoned B-3A, offering flexibility in permitted uses, including those allowed in B-1, B-2, B-2A, or B-3 districts. Benefiting from high visibility on Federal Highway with approximately 41,000 vehicles per day, the property is surrounded by well-known chains such as McDonalds, Walmart, Toyota, Target, and a Cadillac dealership. A national tenant is currently in place on a NNN lease with 3 years remaining and a 5-year option. The area is a boating community with residential homes on and near the Intracoastal. The property offers redevelopment potential.

Key Highlights

• 1.14 AC parcel in prime Lighthouse Point location.
• Zoned B‑3A, the most inclusive business district zoning, allowing for flexible uses.
• High visibility on Federal Highway with approximately 41,000 vehicles per day.

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FAQs

What type of property is this?

NNN property - Freestanding building on Federal Highway with redevelopment potential.

Where is this nnn property located?

The property is located at 4820 Federal Hwy Lighthouse Point, FL.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: 1.14 AC parcel in prime Lighthouse Point location.; Zoned B‑3A, the most inclusive business district zoning, allowing for flexible uses.; High visibility on Federal Highway with approximately 41,000 vehicles per day.