Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8053 W Oakland Park Blvd Sunrise, FL 33351

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in a vibrant, updated Sunrise center.

    Property Features for 8053 W Oakland Park Blvd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Elliot Anker
    Source: Crexi

    Listing Agency: Adler Properties Listing Agent: Elliot Anker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Sunrise Retail Space For Lease

    Springtree Center, constructed in 1978 and recently updated, is a one-story strip center located at the signalized intersection of W. Oakland Park Blvd and University Drive in Sunrise. The center contains approximately 35,444 square feet of retail space. The property offers multiple storefront units and attracts a mix of national and local tenants. The location provides high traffic exposure, convenient access, and signage visibility. The center is suited for retail, wellness, food and beverage, and service-oriented businesses. Available spaces range from 737 to 1,584 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.2752
    Latitude
    26.1796

    Nearby Similar for Lease

    • $5,500 /Mo
      84,772 SF

      Sunrise Industrial Park Corner Unit

      2500 SF office/warehouse with A/C and roll-up door.
      10322 NW 55Th St, Sunrise, FL 33351
      View Details
    • $3,895 /Mo

      Renovated Office Condominiums Near City Hall

      Premium office space near Sunrise City Hall and Sawgrass Mills.
      8890 W Oakland Park Blvd, Sunrise, FL 33351
      View Details
    • $18 SF/Yr

      Sunrise Mixed-Use Opportunity

      Office, retail, and warehouse space available for lease or purchase.
      2200 N University Dr, Sunrise, FL 33322
      View Details
    • $1,940 /Mo

      Office/Warehouse Space in Sunrise

      Modern office/warehouse space in Spectrum Business Park, Sunrise, FL.
      10295 NW 46Th St, Sunrise, FL 33351
      View Details
    • Sponsored
      Contact for pricing

      Sawgrass Corporate Park

      Meet, work or collaborate in our professional Sawgrass Corporate Park business center
      1560 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details
    • $21 SF/Yr

      Renovated Office Space in Sunrise

      Recently renovated office space featuring private offices and ample parking.
      440 Sawgrass Corporate Pkwy, Sunrise, FL 33325
      View Details
    • $21 SF/Yr
      4,504 SF

      Sunrise Flex Warehouse Space Available

      Flex warehouse space for lease in Sunrise, Florida.
      757 Shotgun Rd, Sunrise, FL 33326
      View Details
    • $7,960 /Mo
      91,724 SF

      Sunrise Office Space For Lease

      Spacious office in Sawgrass International Corporate Park available for lease.
      1351 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details
    • $11,800 /Mo

      Sunrise Industrial Park Office/Warehouse

      Office/warehouse in Sunrise Industrial Park with multiple access points.
      10400 NW 55Th St, Sunrise, FL 33351
      View Details
    • $21 SF/Yr

      Sunrise Flex Warehouse For Lease

      Flex warehouse in Broward Lakes Business Park, available after remodeling.
      757 Shotgun Rd, Sunrise, FL 33326
      View Details
    • $3 SF/Yr

      Turnkey Office with Lake Views

      Newly renovated office space with shared amenities and lake views.
      1301 International Pkwy, Sunrise, FL 33323
      View Details
    • $20 SF/Yr
      61,717 SF

      Sunrise Office Space Available

      Available office space in Sunrise, Florida, spanning 61,717 square feet.
      1550 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in a vibrant, updated Sunrise center.
    Where is this strip mall located?
    The property is located at 8053 W Oakland Park Blvd Sunrise, FL.
    What are key features of this property?
    This property features: - High traffic location at a signalized intersection (W. Oakland Park Blvd and University Drive).; - Strong mix of national and local tenants.; - Excellent signage visibility.
    Request Owner's contact information
    8053 W Oakland Park Blvd Sunrise, FL 33351
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8053 W Oakland Park Blvd
    Sunrise, FL 33351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8053 W Oakland Park Blvd Sunrise, FL 33351
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elliot Anker
    Real Estate License ID: 470007
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!