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NE815 | Urban Commons 815 NE 13th St 8,950 SF 68% Leased Retail Building Fort Lauderdale, FL 33304 $4,900,000 ($547.49/SF) 1.50% Cap Rate
Investment Highlights
- Rare Drive-Thru
- Freestanding Commercial Asset
- Prime Fort Lauderdale Infill Location
- Seller Financing Available
- Oversized ±27,094 SF Lot
- Existing NNN Income + Value Add Upside
Executive Summary
Seller financing available to qualified buyers with as little as 10% down.
Rare opportunity to acquire a freestanding multi-tenant commercial asset in one of Fort Lauderdale’s fastest-growing corridors. NE815 | Urban Commons sits on an oversized ±27,094 SF parcel and features an ±8,495 SF building with strong frontage, ample parking, and a highly sought-after drive-thru component. Property includes two operating NNN tenants providing immediate cash flow plus a fully built-out former restaurant ready for lease-up or owner-user occupancy. Flexible CB zoning allows multiple strategies including stabilization, repositioning, or future redevelopment. Prime location minutes from Downtown Fort Lauderdale, Flagler Village, Wilton Manors, and Las Olas. Seller financing available for qualified buyers.
Rare opportunity to acquire a freestanding multi-tenant commercial asset in one of Fort Lauderdale’s fastest-growing corridors. NE815 | Urban Commons sits on an oversized ±27,094 SF parcel and features an ±8,495 SF building with strong frontage, ample parking, and a highly sought-after drive-thru component. Property includes two operating NNN tenants providing immediate cash flow plus a fully built-out former restaurant ready for lease-up or owner-user occupancy. Flexible CB zoning allows multiple strategies including stabilization, repositioning, or future redevelopment. Prime location minutes from Downtown Fort Lauderdale, Flagler Village, Wilton Manors, and Las Olas. Seller financing available for qualified buyers.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$293,320
|
$32.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$293,320
|
$32.77
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $293,320 |
| Annual Per SF | $32.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $293,320 |
| Annual Per SF | $32.77 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,950 SF
Building Class
C
Year Built/Renovated
1961/2022
Price
$4,900,000
Price Per SF
$547.49
Cap Rate
1.50%
NOI
$73,320
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.26 AC
Zoning
CB - Flexible CB zoning allowing restaurant, retail, office, service, and mixed-use commercial uses with redevelopment potential.
Parking
29 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
194’ on NE 13th
Amenities
- Courtyard
- Restaurant
- Drive Thru
- Car Charging Station
- Air Conditioning
- Smoke Detector
- Cafe
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Buck & Beard Llc
- Services
- -
- -
- -
- -
- Milk Money Bar & Kitchen
- Accommodation and Food Services
- -
- -
- -
- -
- Si Buenas Café
- Accommodation and Food Services
- 684 SF
- $2.49
- Triple Net
- Mar 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Buck & Beard Llc | Services | - | - | - | - | |
| Milk Money Bar & Kitchen | Accommodation and Food Services | - | - | - | - | |
| Si Buenas Café | Accommodation and Food Services | 684 SF | $2.49 | Triple Net | Mar 2030 |
Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,402,310 | |
| Land Assessment | $500,960 | Total Assessment | $2,903,270 |
Property Taxes
Parcel Numbers
Land Assessment
$500,960
Improvements Assessment
$2,402,310
Total Assessment
$2,903,270
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NE815 | Urban Commons | 815 NE 13th St
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