4700 N Federal Highway, Fort Lauderdale, FL 33308

$1,195,000

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List Price
$1,195,000
MLS#
F10460539
Status
ACTIVE
Type
Commercial

Property Description

This property features approximately 75' of Federal Highway frontage with B-1 zoning directly across the street from Holy Cross Hospital and is surrounded by office and professional buildings. There is a long term, triple n*t lease in place with a national franchisee, Jersey Mike's. There is approximately 5 years left with two five-year renewal options on the lease, the lease is not voidable. THIS SALE IS LAND AND BUILDING ONLY, the business is NOT for sale. Please do not disturb the tenant, feel free to go in and order a sandwich or a drink if you would like to view the interior. Building is appx. 1320 sf with one bathroom and 13 parking spaces. Seller may consider financing with at least 40% down. Current rent is $3409 through 4/2027, 2% annual bumps.

Additional Information

Days on Market
687
Tax Amount
$14,625
Water Access
Building Only, Business And Building
Parcel Number
494224080730
Lot Size
7,500
Directions
Federal Highway, east side, north of Oakland Park, South of Commercial Blvd
Address
4700 N Federal Highway, Fort Lauderdale
Year Built
1963
Section
24

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Calculator source: Real Geeks

Listing Courtesy of Dettman Realty Group LLC, Contact: