Bank United 1815-1823 E Commercial Blvd 9,773 SF 100% Leased Retail Building Fort Lauderdale, FL 33308 $9,820,000 ($1,004.81/SF) 5% Cap Rate

Trophy 9,007 SF Retail Shopping Center Asset in high-demand Ft Lauderdale market.
- High Visibility at a signalized intersection.
- Directly across from Holy Cross Hospital. with 1600 employees with average salary of $84,000.
- Population within 1 mile 17,000, 3 miles 120,000
- Average income $75,000, Median age 48
- FDOT AADT Commercial Blvd. West of NE 18th Ave. 57,500
- 1000 new rental units are under construction or are in planning. in Coral Ridge. The area population growth is expanding rapidly.
- Bank United anchored shopping center. Bank United, Inc., with total consolidated assets of $34.8 billion at March 31, 2025, is a bank holding company with one wholly owned subsidiary, Bank United, collectively, the Company. Bank United, a national banking association headquartered in Miami Lakes, Florida.
- Select Medical: is a national physical therapy company that specializes in providing services for critical illness recovery, inpatient rehabilitation, outpatient rehabilitation, and occupational health.
- Dynamic Chiropractic has 25 year history in the Neighborhood.
- El Balcon de las Américas is an authentic Latin American restaurant, specializing in Colombian cuisine. It's known for its traditional dishes, fresh ingredients, and family-friendly atmosphere. They currently have several location all in South FL.
- Triple Net Lease (NNN) structure – zero landlord responsibility.
- Long-term, stable tenants with proven operational history.
- Strategically positioned retail with healthcare and residential synergy.
- The asset is 100% leased, offering a new owner a reliable, stable income stream.
- With rent escalations beginning in 2026 and 2027, driving value growth.
- Features a resilient, service-based tenant mix:
- Financial (BankUnited)
- Medical (Select Medical, Dynamic Chiropractic)
- Wellness (Select Medical, Dynamic Chiropractic)
- Food & Beverage (El Balcón de las Américas)
- Bank United endcap includes a drive-thru, increasing real estate value and future leasing flexibility.
High Traffic Corridor
- Prime signalized hard-corner location at Commercial Blvd (56,000 VPD) and NE 18th Ave (14,000 VPD) — total daily exposure to 70,000+ vehicles
- Located on Commercial Blvd (SR 870) — a key east-west corridor connecting to I-95 in 9 minutes
- Proximity to the Commercial Blvd & US-1 (Federal Hwy) intersection with over 100,000 VPD
- Excellent visibility and access make this site ideal for long-term retail success