6980 Commercial Blvd Lauderhill, FL 33319-2120
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
family per diem at fifty (50) dwelling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Commercial, Neighborhood (CN). 2. Commercial, Community (CC). 3. Commercial, General (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Lauderhill, FLfamily per diem at fifty (50) dwelling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Commercial, Neighborhood (CN). 2. Commercial, Community (CC). 3. Commercial, General (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Lauderhill, FL.
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