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    1260 Sunrise Blvd Fort Lauderdale, FL 33311

    Sponsored
    For Sale
    $6,500,000

    High-traffic Auto Shop & Warehouse

    Property size:
    20,427 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,427 square foot industrial and retail building, located at 1260 W Sunrise Blvd in Fort Lauderdale, Florida (33311), presents a compelling owner-user or investment opportunity. Boasting a prime location with over 65,000 vehicles passing daily, the property benefits from direct access from both east and westbound traffic via curb cuts and pylons. Currently housing two tenants, Tire Hut (15,000 sq ft) and Tint World (5,427 sq ft), the building offers significant upside potential. Tire Hut's owner is open to selling their business and/or vacating, allowing for a new owner to potentially increase rental income to market rates. The property sits on a 1.08-acre lot, includes 53 parking spaces, and features highly desirable B-3 zoning, permitting a wide range of uses. Built in 1993, this multi-tenant property offers a pro-forma NOI of $377,400 and a pro-forma cap rate of 5.75%. The asking price is $6,500,000 ($318.21/sq ft). Conveniently located just ¼ mile east of I-95 and minutes from Federal Highway, this property is surrounded by synergistic automotive and accessory retailers. The anticipated occupancy date for the property is October 22, 2024. The APN is 504204150110.

    Property Features for 1260 Sunrise Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    20,427 SF
    Lot Size
    47,045 SF

    Building Details

    Year Built
    1993

    HighLights

    • $6,500,000 asking price for a 20,427 SF industrial/retail building in Fort Lauderdale, FL.
    • Multi‑tenant property (2 tenants) with a 5.75% pro‑forma cap rate and $377,400 pro‑forma NOI.
    • Located at 1260 W Sunrise Blvd, Fort Lauderdale, FL 33311, on a 1.08‑acre lot with 53 parking spaces.
    • Features B‑3 zoning, allowing for diverse uses, and benefits from high traffic counts (over 65,000 vehicles daily) and convenient access to I‑95 and Federal Hwy.
    • Currently occupied by Tire Hut (15,000 SF) and Tint World (5,400 SF); Tire Hut owner may sell their business or vacate, presenting lease‑up potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    C&C Car Wraps ... Sign Shop Tint World Car Detailing Service Ultra Bright Lights Car Accessories Store Montana Capital Car ... Loan Agency Nationwide Interlock Safety Equipment Supplier

    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
    -80.158598641155
    Latitude
    26.136518990703

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    FAQs

    What type of property is this?
    Automotive property - High-traffic Auto Shop & Warehouse
    Where is this automotive property located?
    The property is located at 1260 Sunrise Blvd Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: $6,500,000 asking price for a 20,427 SF industrial/retail building in Fort Lauderdale, FL.; Multi-tenant property (2 tenants) with a 5.75% pro-forma cap rate and $377,400 pro-forma NOI.; Located at 1260 W Sunrise Blvd, Fort Lauderdale, FL 33311, on a 1.08-acre lot with 53 parking spaces.
    Request Owner's contact information
    1260 Sunrise Blvd Fort Lauderdale, FL 33311
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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
    1260 Sunrise Blvd Fort Lauderdale, FL 33311
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