Freestanding Industrial / Retail Building

4343 N Andrews Ave, Fort Lauderdale, FL 33309

  • For Sale $2,075,000
  • Property Type Office - General Office
  • Property Size 8,895 SF
  • Lot Size 0.36 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1956
  • Date Updated Sep 3, 2024
Located in vibrant Fort Lauderdale, the area surrounding this property offers a dynamic mix of business and leisure. With its proximity to major highways and the bustling downtown district, it provides convenient access to premier shopping and dining destinations. Nearby points of interest include the upscale Galleria Mall, the vibrant Las Olas Boulevard with its eclectic mix of shops and restaurants, and the picturesque Hugh Taylor Birch State Park. Investors in Office / Office Building properties will appreciate the area's strong economic growth and diverse business opportunities. From its thriving business community to its array of recreational options, the location offers the ideal fusion of work and play.This property offers a 9,100 square foot building on a 15,600 square foot lot, prominently located on Andrews Ave. The current layout is adaptable for various businesses, including retail or office uses, making it an excellent fit for an owner-user or investor. With two fenced-in lots, a new roof, and four new air conditioning units, the property presents a compelling investment opportunity. Zoned B-1, allowing for diverse retail and commercial uses, this property is positioned for strong returns. Recent comparable leases indicate a fair market rent of $21.60 per SF on a triple-net basis, offering an annual net income of $196,560 and a market capitalization rate of 8.4% at full asking price. Priced competitively at only $258 per square foot, this property represents a compelling value proposition in a market where comparable properties average $398 per square foot.

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Highlights

  • - 8,895 SF building
  • - Built in 1956
  • - Zoned B-1
  • - Prime Fort Lauderdale location
  • - Ideal for Office / Office Building use
  • - Versatile space for various business endeavors
  • - Strategic visibility and accessibility
  • - Timeless charm coupled with modern potential
  • - Promising canvas for investment and growth

Contacts

broker

John DeMarco

RE/MAX 5 Star Realty

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Fort Lauderdale, FL
  • Neighborhood Prospect Gardens
  • Zip Code 33309
  • Market Fort Lauderdale

Points of Interest

  • Esplanade Park

    4.18 miles

  • River House

    4.35 miles

  • Shell

    0.73 miles

  • BP

    0.77 miles

  • Mobil

    0.81 miles

  • Circle K

    0.95 miles

  • 7-Eleven

    0.96 miles

  • Marathon

    1.04 miles

  • Mobil

    1.05 miles

  • Speedway

    1.08 miles

  • Chevron

    1.09 miles

  • Chevron

    1.33 miles

  • DRV PNK Stadium Parking Lots

    1.31 miles

  • USCIS Parking Garage

    2.53 miles

  • Parking at Galt Villas

    2.96 miles

  • South Ocean Lot

    3.19 miles

  • CVS

    3.48 miles

  • Galleria

    3.60 miles

  • Walmart

    3.74 miles

  • Semi Parking

    3.92 miles

  • Sebastian Lot

    4.65 miles

  • Sebastian Lot (Handicap only)

    4.68 miles

  • Holiday Inn Express & Suites Ft Lauderdale N - Exec Airport

    1.17 miles

  • Extended Stay America

    1.54 miles

  • Sheraton Suites Fort Lauderdale at Cypress Creek

    1.68 miles

  • Hampton

    1.72 miles

  • La Quinta Inn & Suites Fort Lauderdale Cypress Creek

    1.77 miles

  • The Westin Fort Lauderdale

    1.82 miles

  • Fort Lauderdale Marriott North

    1.93 miles

  • Ramada by Wyndham Fort Lauderdale Oakland Park

    2.12 miles

  • Ramada by Wyndham Fort Lauderdale Oakland Park 1

    2.13 miles

  • Courtyard by Marriott Fort Lauderdale East/Lauderdale-by-the-Sea

    2.14 miles

  • Happy House

    0.19 miles

  • Subway

    0.57 miles

  • Waffle House

    0.67 miles

  • Miami Subs

    0.78 miles

  • McDonald's

    0.78 miles

  • KFC

    0.84 miles

  • Major League Heros

    0.86 miles

  • Dunkin' Donuts

    0.89 miles

  • McDonald's

    0.92 miles

  • Denny's

    0.95 miles

  • Just for Kids Academy

    0.38 miles

  • Lloyd Estates Elementary School

    0.42 miles

  • Children Garden Montessori School

    0.64 miles

  • National Education Center - Bauder College Campus

    0.95 miles

  • Somerset Academy

    1.10 miles

  • Keiser College

    1.11 miles

  • Oakland Park Elementary School

    1.12 miles

  • Saint Clements School

    1.15 miles

  • North Andrews Garden Elementary School

    1.21 miles

  • Northeast High School

    1.23 miles

  • New River

    3.90 miles

  • Broward Children's Center

    4.35 miles

  • A World Of Discovery Academy

    6.96 miles

  • Nob Hill Academy

    8.73 miles

  • Learn & Smile Preschool

    8.79 miles

  • Nob Hill Academy

    9.34 miles

Frequently Asked Questions

How much does Freestanding Industrial / Retail Building cost?

The space currently listed for sale at Freestanding Industrial / Retail Building asks for $2,075,000.

What is the total square footage of Freestanding Industrial / Retail Building?

Freestanding Industrial / Retail Building totals 8,895 square feet.

When was this property built?

Freestanding Industrial / Retail Building was built in 1956.

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Contact Listing Broker

broker

John DeMarco

RE/MAX 5 Star Realty