Corner Retail
For Sale
$430,000
8717-8723 NW 50, Lauderhill, FL 33351
The sale covers the real estate only; the convenience store business is excluded.
Property Size1,476 SF
Price / SF$291.33
Days on Market367
Property Features for 8717-8723 NW 50
General Information
Standard status
Active
Size
1,476 SF
Total Parking Spaces
3
Property subtype
Retail
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Corner Location
Yes
Amenities
loading area
Building Details
Building Size
1,476 SF
Year Built
2003
Tenancy
Single
Listing Agency:
United Realty Group Inc
Listed By:
Alexis Poveda · License #3038679
(305) 409-2309
Source:
Ryancritch
Added: Oct 30, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:48AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two retail units sit at a corner within a shopping center. The space is presently occupied by a convenience store, but the operating business is not included in the sale. The property has a long-term tenant and includes three assigned parking spaces plus a loading area.
Key Highlights
- Two retail units in a corner position within a shopping center
- Convenience store business is excluded from the sale
- Long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,414
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,280
$568.3K
Cap Rate 7%
$405,914
$405.9K
Cap Rate 9%
$315,711
$315.7K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$40.7K $27.60/SF
− Vacancy
−$2.9K −$1.93/SF
EGI
$37.9K $25.67/SF
− OpEx
−$9.5K −$6.42/SF
NOI
$28.4K $19.25/SF
Area
Broward County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,280
Cap Rate 7%
$405,914
Cap Rate 9%
$315,711
Alternative Uses
Best Use
Specialty Retail
$405.9K
$355.2K – $473.6K
NOI $28,414 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$356.5K
$312.0K – $416.0K
NOI $24,958 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$748.8K
$655.2K – $873.7K
NOI $52,419 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Electronics 10%
Beauty & Spa 2%
Wendy's
Dining
13,194 visits/mo
0.5 miles
Marathon
Shops & Services
6,042 visits/mo
0.4 miles
Little Caesars Pizza
Dining
3,786 visits/mo
0.5 miles
Mobil
Shops & Services
3,482 visits/mo
0.0 miles
Metro by T-Mobile
Electronics
3,366 visits/mo
0.5 miles
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The sale covers the real estate only; the convenience store business is excluded.
Where is this retail space located?
The property is located at 8717-8723 NW 50 Lauderhill, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two retail units in a corner position within a shopping center; Convenience store business is excluded from the sale; Long‑term tenant
