Corner Convenience Store Retail
8717-8723 NW 50, Lauderhill, FL 33351
Two corner retail units in a well-maintained shopping center, with dedicated parking and loading access for convenient operations.
Type:Commercial
Property size:
1,476 SFPrice / SF:
$308/SF- Added:
- Jun 9, 2026
- Days on Market:
- 30
- Last Refresh:
- Jul 5 at 1:59 am
Property Features for 8717-8723 NW 50
General Information
- Standard status
- Active
- Size
- 1,476 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing office UNITED REALTY GROUP INC
Listing date Jun 9, 2026
Source Corcoran
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 UNITED REALTY GROUP INC
HighLights
- Two corner retail units in a well‑maintained shopping center.
- Current retail space is 1,445 SF; convenience store business is not included in the sale.
- Building has multiple parking options: 3 assigned spaces plus a loading area for the unit.
- Shopping center is described as having a busy tenant mix, including a long‑term tenant.
Overview
This offering includes two corner retail units in an established shopping center. The current setup operates as a convenience store with retail space of 1,445 square feet. Please note that the business itself is not included in the sale, and the focus is on acquiring the real estate and associated retail space.
The building was built in 2004 and is described as well maintained. The location benefits from being within a busy shopping center that includes a long-term tenant, and the property provides plenty of customer parking. For unit access, there are three assigned parking spaces plus a dedicated loading area for the unit.
The configuration can suit an owner-operator looking for a retail position within a multi-tenant environment, or a buyer seeking a straightforward retail asset with on-site parking and loading. With the stated ease of showing, prospective tenants and buyers can review the space directly and confirm fit for their intended convenience or general retail use.
The building was built in 2004 and is described as well maintained. The location benefits from being within a busy shopping center that includes a long-term tenant, and the property provides plenty of customer parking. For unit access, there are three assigned parking spaces plus a dedicated loading area for the unit.
The configuration can suit an owner-operator looking for a retail position within a multi-tenant environment, or a buyer seeking a straightforward retail asset with on-site parking and loading. With the stated ease of showing, prospective tenants and buyers can review the space directly and confirm fit for their intended convenience or general retail use.
Local Financial Insights For Specialty 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 | $40.7k | $27.60 |
| − Vacancy | −$2.9k | −$1.93 |
| EGI | $37.9k | $25.67 |
| − OpEx | −$9.5k | −$6.42 |
| NOI | $28.4k | $19.25 |
1,476 SF · lease $27.60/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$405.9K
$355.2K – $473.6K
NOI $28,414 @ 7.0% cap · market cap 6.24%
Second Best
Retail
$356.5K
$312.0K – $416.0K
NOI $24,958 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$748.8K
$655.2K – $873.7K
NOI $52,419 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.2670321
- Latitude
- 26.1869173
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Two corner retail units in a well-maintained shopping center, with dedicated parking and loading access for convenient operations.
Where is this grocery and convenience store located?
The property is located at 8717-8723 NW 50 Lauderhill, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Two corner retail units in a well‑maintained shopping center.; Current retail space is 1,445 SF; convenience store business is not included in the sale.; Building has multiple parking options: 3 assigned spaces plus a loading area for the unit.
