For Sale
$4,250,000

6980 Commercial Blvd Lauderhill, FL 33319

High-Yield Retail Property, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 10,916 square foot CVS Pharmacy located at 6980 W Commercial Blvd, Lauderhill, FL 33319. The property sits on a substantial 2.32-acre lot zoned CG, offering significant potential for future development or value-add improvements. Currently operating as a CVS Pharmacy, the lease is expiring this year, presenting a unique chance for owner-user occupancy or a new lease with a different tenant. The building is classified as Class B and boasts a total square footage of 10,916 net rentable square feet. The asking price for this prime retail property is $4,250,000. Situated in Broward County, Florida, this location benefits from high visibility and strong traffic patterns. The property's size and zoning provide flexibility for various uses, making it an attractive proposition for investors seeking a strong return on investment in a desirable market. The current tenant's lease expiration opens the door to a variety of strategic options, including redevelopment, repositioning, or continued operation as a pharmacy. This is a rare opportunity to acquire a significant retail asset in a thriving Florida community.

Highlights

  • 10,916 SF CVS Pharmacy on a 2.32-acre lot in Lauderhill, FL.
  • Class B building with a net rentable area of 10,916 SF.
  • Located at 6980 W Commercial Blvd, Lauderhill, FL 33319, in a high-visibility, high-traffic area.
  • Zoned CG, offering redevelopment potential.
  • $4,250,000 asking price.
  • Lease expiring this year, presenting owner-occupancy or new lease opportunities.

Property Details for 6980 Commercial Blvd

Property type
Retail properties, Drug stores
Square Feet
10,916 SF
Class
B
Lot Size (sq. ft)
101,059 SF

Location Insight

City
Lauderhill
County
Broward
State
Florida
Latitude
26.1933968
Longitude
-80.2432982

FAQs

What type of property is this?
Retail property - High-Yield Retail Property, Prime Location
Where is the retail property located?
The property is located at 6980 Commercial Blvd Lauderhill, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 10,916 SF CVS Pharmacy on a 2.32-acre lot in Lauderhill, FL.; Class B building with a net rentable area of 10,916 SF.; Located at 6980 W Commercial Blvd, Lauderhill, FL 33319, in a high-visibility, high-traffic area.
How can I contact the broker?
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6980 Commercial Blvd
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