Fort Lauderdale, FL 33308,4700 N Federal Hwy
Fort Lauderdale, FL 33308,4700 N Federal Hwy
Fort Lauderdale, FL 33308,4700 N Federal Hwy
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$1,295,000
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7,500 Sqft Lot
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UPDATED:

09/18/2024 01:22 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10460539

HOA Y/N No

Total Fin. Sqft 7500

Year Built 1963

Annual Tax Amount $14,625

Tax Year 2023

Lot Size 7,500 Sqft

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 net lease in place with a national franchisee, Jersey Mike's. There is approximately 6.5 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 $3277 through 4/2025, 2% annual bumps.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning B-1

Exterior

Water Access N

Private Pool No

Building

Foundation Concrete Block Construction

Others

Pets Allowed No

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance


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BeachesMLS Matrix (RAPB-F prefix)
Listed by Dettman Realty Group LLC

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Greg Marchese

+1(954) 888-8289

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