lowest rent in highly desirable area
TRANSCRIPT
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
PROPERTY HIGHLIGHTS• Approx. 59,000 cars pass building each day on Federal Hwy with another 17,500 on
NE 26 St.
• Street front retail building at major signalized intersection with signage opportunity
• Can be leased to single user or to smaller tenants
• Large windows with excellent exposure to two main streets
• Upscale area with many shopping and dining options for travelers and locals.
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
LOWEST RENT IN HIGHLY DESIRABLE AREA
RETAIL FOR LEASE
PROPERTY SUMMARYAvailable SF: 4,158 SF
Lease Rate: $16.16 SF/yr (Gross)
Lot Size: 0.16 Acres
Building Size: 4,158 SF
Ceiling Height: 9.0 FT
Year Built: 1957
Zoning: B-1
Cross Streets: N Federal Hwy & NE 26 St.
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
RETAIL FOR LEASE
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
PROPERTY DESCRIPTION
Formerly used as an Electric Bike Store. Property is divided into 4 units but can be leased as a single unitor individually as needed. The bike shop had a showroom with a back repair area. Building has mostlywindows along 2 major streets.
SITE DESCRIPTION
Property is located on busy thoroughfare (N. Federal Highway) with a great mix of large and small retailers.At the signalized intersection of N. Federal Hwy. & NE 26th St. Great demographics!. Approx. 10 mins. todowntown Fort Lauderdale and Las Olas Blvd.
LOCATION
Property is divided into 4 units but can be leased as a is or as a single store. Has 75 front feet on N. FederalHighway. Corner lot on NE 26th St and N Federal Highway. Is located on a hard corner with lights andprovides great signage opportunities on 2 major streets. Approx. 59,000 cars pass property on FederalHighway and another 17,500 cars pass property on NE 26th St. Close proximity to beach where travelersand locals can shop & dine (lots of restaurant and shopping options in area!) Approx. 2 miles to beach area.
ZONING
Property is zoned B-1. Allows automotive sales, automotive parts sales, automotive repairs, homeimprovement, household appliances store, & electronic installation just to name a few.
ADDITIONAL COMMENTS
Many reasons for locals and visitors to explore the area with a great mix of retailers close by. Some cardealerships, home furnishing & design stores, lifestyle retailers, wide variety of restaurant choices. Area isbeing transformed with new residential developments being constructed close by.
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
RETAIL FOR LEASE
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
RETAIL FOR LEASE
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
RETAIL FOR LEASE
www.kwcommercial.com
KW COMMERCIAL20801 Biscayne Blvd, Suite 101Aventura, FL 33180
SASHA DVORANCIC, [email protected]
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
2595-2599 N Federal Highway, Fort Lauderdale, FL 33305
RETAIL FOR LEASE
1 Mile 3 Miles 5 Miles
Total Population 13,269 111,133 241,923
Population Density 4,224 3,931 3,080
Median Age 47.9 44.1 41.4
Median Age (Male) 47.2 44.1 41.2
Median Age (Female) 48.4 43.6 41.4
Total Households 6,847 53,192 108,492
# of Persons Per HH 1.9 2.1 2.2
Average HH Income $95,817 $79,623 $73,602
Average House Value $474,140 $405,905 $378,172
KW COMMERCIAL
20801 Biscayne Blvd, Suite 101
Aventura, FL 33180
SASHA DVORANCIC, [email protected]
Confidentiality & Disclaimer
OFFERING MEMORANDUM
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation orwarranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financialperformance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials orinformation provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct ofits own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unlessotherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate thirdparty independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consultingappropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KWCommercial does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/orprojected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers,architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Aventura in compliance with all applicable fair housing and equal opportunitylaws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or futureperformance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
PRESENTED BY:
FORT LAUDERDALE, FL