6980 Commercial Blvd, Lauderhill, FL 33319-2120
This exceptional investment opportunity presents a 10,916 square foot CVS Pharmacy located at 6980 W Commercial Blvd, Lauderhill, FL 33319. The property sits on a substantial 2.32-acre lot zoned CG, offering significant potential for future development or value-add improvements. Currently operating as a CVS Pharmacy, the lease is expiring this year, presenting a unique chance for owner-user occupancy or a new lease with a different tenant. The building is classified as Class B and boasts a total square footage of 10,916 net rentable square feet. The asking price for this prime retail property is $4,250,000. Situated in Broward County, Florida, this location benefits from high visibility and strong traffic patterns. The property's size and zoning provide flexibility for various uses, making it an attractive proposition for investors seeking a strong return on investment in a desirable market. The current tenant's lease expiration opens the door to a variety of strategic options, including redevelopment, repositioning, or continued operation as a pharmacy. This is a rare opportunity to acquire a significant retail asset in a thriving Florida community.
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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
CG · Lauderhill, FLLauderhill. 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.