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    2609-2659 Oakland Park Blvd Fort Lauderdale, FL 33309

    Sponsored
    For Sale
    $3,950,000

    High-yield, multi-tenant retail investment.

    Property size:
    12,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,090 square foot retail center, located at 2609-2659 W Oakland Park Boulevard in Oakland Park, Florida (zip code 33309), presents a lucrative investment opportunity. Built in 1990, the property boasts 100% occupancy across four units, generating a strong cash flow under a triple net lease (NNN) structure. The asking price is $3,950,000. Situated in a rapidly developing area of Broward County, this multi-tenant retail center offers significant potential for future growth. The property's current configuration provides a stable income stream, while the available land presents a unique opportunity for redevelopment or expansion, catering to the area's increasing demand. The property's prime location on W Oakland Park Boulevard ensures high visibility and accessibility for tenants and customers. This is an ideal investment for those seeking a stable, high-yielding asset with significant upside potential in a thriving market. The property's coordinates are 26.1889227 latitude and -80.1763467 longitude. The lot size is not specified.

    Property Features for 2609-2659 Oakland Park Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    12,090 SF

    Building Details

    Year Built
    1990
    Units
    4

    HighLights

    • $3,950,000 asking price.
    • 12,090 square foot retail property.
    • NNN lease type.
    • Four (4) units, 100% occupied.
    • Multi‑tenant retail center.
    • Built in 1990.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1763467
    Latitude
    26.1889227

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    FAQs

    What type of property is this?
    Retail property - High-yield, multi-tenant retail investment.
    Where is this retail property located?
    The property is located at 2609-2659 Oakland Park Blvd Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price.; 12,090 square foot retail property.; NNN lease type.
    (772) 212-0726
    Request Owner's contact information
    2609-2659 Oakland Park Blvd Fort Lauderdale, FL 33309
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    Realmo Value Estimation

    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.

    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.

    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
    2609-2659 Oakland Park Blvd Fort Lauderdale, FL 33309
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