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Federal Highway Retail Opportunity

Summary
  • Listing Price: $3,350,000
  • CAP Rate Current: 6.11% (Pro-Forma)
  • Lot Size: 18,780 SF
  • Approx Year Built: 1988
  • Price Per Sq Ft: $435.06
Investment Highlights
  • Located One Block Away From the Coral Ridge Mall (400,000+ SF)
  • Excellent Visibility and Frontage Along N Federal Highway
  • Building is Sub-Dividable Into Three Units
  • Average Daily Traffic Counts Exceeds 48,000 Vehicles Per Day on N Federal Highway
  • Population Exceeds 280,000 People Within a 5-Mile Radius
  • Average Household Income in the 33308 Zip Code is in Excess of $115,000