7850 Commercial Blvd, Unit 7948, Lauderhill, FL 33351-4324
- Retail space
- 13,387 SF
- 5.42 lot acres
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 7850 Commercial Blvd
- Year built
- 2008
- Construction
- CONCRETE
- Lot size
- 5.42 lot acres
- Zone code
- CG
- Property type
- Retail space
- APN
- 49-41-16-08-0320
- APU
- 494116080320
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 27, 2020 | — | Sembler Family Ptshp 41 Ltd | — | Deed · related | $8.3M · Wells Fargo Bk |
| May 7, 2007 | $8,600,000 | Sembler Family Partnership #41 Ltd | Regal Cinemas INC | Special Warranty Deed | $21.5M · Wachovia Bank NA |
| — | — | Sembler Family Ptshp 41 Ltd | — | Loan Modification · related | $8.3M · Wells Fargo Bk |
Description
This exceptional retail leasing opportunity is situated in the thriving Commercial Blvd Shoppes in Lauderhill, Florida. Located on Commercial Boulevard, west of University Drive in Broward County, this shopping center boasts an impressive lineup of established national tenants including PetSmart, Mattress Firm, Tijuana Flats, Chick-fil-A, Sonic, O'Reilly's, First Watch, and Charley's Philly Steak & Wings. The property offers one available retail space within a larger 2-acre shopping center. This prime location benefits from excellent visibility and high traffic counts, exceeding 106,000 AADT at the intersection. The strategic positioning provides easy access to a newly approved 500-unit apartment complex currently under construction, further enhancing the potential for increased foot traffic and customer base. Furthermore, the center enjoys proximity to Tamarac Village, a recently developed apartment complex with 220 units (completed in 2020) and a second phase of 190 units nearing completion by the end of 2022. This location is ideal for a variety of businesses, including medical, office, or retail establishments, capitalizing on the strong existing tenant mix and significant residential growth in the immediate vicinity. The one-story building offers a versatile space ready for immediate occupancy.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,975,000
- 6.5%
- $3,670,000
- 7%
- $3,405,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $5,080,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.256
- Latitude
- 26.1932
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
