1790 Commercial BlvdFort Lauderdale, FL 33334

This exceptional investment opportunity presents a fee-simple owned, 2,800 square foot Synovus Bank located at 1790 E Commercial Blvd, Oakland Park, FL 33334. The property boasts a strong 15-year remaining lease term (expiring 10/31/2039) with three 5-year renewal options, ensuring long-term stability. The lease is a triple-net (NNN) agreement, minimizing landlord responsibilities to structural maintenance. Synovus Bank, a credit-rated tenant with a corporate guarantee, provides exceptional security. The lease includes 10% rent increases every five years and at option periods, protecting against inflation and boosting net operating income (NOI). The property sits on a 0.44-acre lot, built in 2019, and enjoys a prime location on a signalized, hard-corner intersection of a major retail corridor with high daily traffic (65,200 vehicles). The surrounding area features strong tenant synergy with national retailers like ALDI, Publix, and Ross. The property's drive-thru further enhances convenience. The 5-mile trade area boasts a substantial population (301,000 residents) and workforce (249,000 employees), with a strong average household income ($113,246 within a 3-mile radius). The asking price is $6,035,000, representing a 5.25% cap rate and a price per square foot of $2,155.36. The current NOI is $316,800. This is an ideal, low-management investment in a state with no state income tax. The property's APN is 49-42-11-07-3000.