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2521 E Commercial Blvd 2,400 SF Retail Building Fort Lauderdale, FL 33308 $3,600,000 ($1,500/SF) 5.82% Cap Rate
Investment Highlights
- Tenant executed 5-year new lease commencing Nov 1, 2025, with two 5-year options to extend
- 2,411 SF building with drive-through and bypass lane
- Fronting busy Commercial Blvd between US1 and Bayview Drive
- Lease provides for 3% annual base rent increases throughout term and options
- Hard corner position with full access
- EverBank boasts total assets more than $34.6 billion and has held the naming rights to EverBank Stadium since 2010.
Executive Summary
- Tenant executed 5-year new lease commencing Nov 1, 2025, with two 5-year options to extend
- Lease provides for 3% annual base rent increases throughout term and options
- 2,411 SF building with drive-through and bypass lane
- Hard corner position with full access
- Fronting busy Commercial Blvd between US1 and Bayview Drive
- EverBank boasts total assets more than $34.6 billion and has held the naming rights to EverBank Stadium, home of the NFL’s Jacksonville Jaguars since 2010
- Lease provides for 3% annual base rent increases throughout term and options
- 2,411 SF building with drive-through and bypass lane
- Hard corner position with full access
- Fronting busy Commercial Blvd between US1 and Bayview Drive
- EverBank boasts total assets more than $34.6 billion and has held the naming rights to EverBank Stadium, home of the NFL’s Jacksonville Jaguars since 2010
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,400 SF
Building Class
B
Year Built
2008
Price
$3,600,000
Price Per SF
$1,500
Cap Rate
5.82%
NOI
$209,546
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
CB, Fort Lauderdale - Commercial
Parking
15 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-13-08-0010 | Improvements Assessment | $1,267,860 |
| Land Assessment | $510,940 | Total Assessment | $1,778,800 |
Property Taxes
Parcel Number
49-42-13-08-0010
Land Assessment
$510,940
Improvements Assessment
$1,267,860
Total Assessment
$1,778,800
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2521 E Commercial Blvd