Freestanding Industrial / Retail Building

For Sale

4343 N Andrews Ave, Fort Lauderdale, FL 33309

This Fort Lauderdale property for sale is located at 4343 N Andrews Ave. The general use of Freestanding Industrial / Retail Building is office and it incorporates 8,895 square feet of class C office space. The current listed sale price for Freestanding Industrial / Retail Building is $2,075,000. Freestanding Industrial / Retail Building is situated on a lot that is 0.36 acre in size.

Contacts

broker

John DeMarco

RE/MAX 5 Star Realty

Property Details

  • 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 8, 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

Getting around

  • 80/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 62/100

    Bike Score ®

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Location

  • 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

  • Safeway

    0.94 miles

  • Ross

    1.01 miles

  • Publix

    1.10 miles

  • Sprouts Farmers Market

    1.15 miles

  • ALDI

    1.59 miles

  • Publix

    1.62 miles

  • Banyan Pilot Shop

    1.66 miles

  • Publix

    1.96 miles

  • Marshalls

    2.01 miles

  • Ross

    2.12 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John DeMarco

RE/MAX 5 Star Realty