4700 N Federal Hwy Fort Lauderdale, FL 33308
For Sale
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This exceptional investment opportunity presents a 1,320 square foot office building situated at 4700 N Federal Highway in Fort Lauderdale, Florida, 33308. The property boasts approximately 75 feet of frontage on Federal Highway, benefiting from high visibility and traffic flow. Its B-1 zoning complements its location directly across from Holy Cross Hospital, surrounded by other office and professional buildings. A significant advantage is the long-term, triple-net (NNN) lease in place with a national franchisee, Jersey Mike's Subs. The lease has approximately 6.5 years remaining, with two five-year renewal options, providing substantial lease security. Importantly, this sale includes only the land and building; the business itself is not included. The building features one bathroom and ample parking with 13 spaces. The current rent is $3,277 per month, extending through April 2025, with a built-in 2% annual rent increase. The asking price for this property is $1,295,000. Seller financing may be considered with a minimum 40% down payment. This is a rare opportunity to acquire a stable, income-producing asset in a prime Fort Lauderdale location. Prospective buyers are welcome to view the interior; however, please refrain from disturbing the tenant.
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Jersey Mike's Subs Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Fort Lauderdale, FLFort Lauderdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.