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Sale/Lease/BTS Sunrise Blvd Ft Lauderdale Land 4 Drive Thru
Date: 6/5/2020 12:24:29 PM
From: Michael Sheer
Call/text/email Mike Sheer 954-993-6664 Management@Vacantlandmen.com for more information.
Property Bullet Points:
-Visibility, frontage and signage
190+ feet of frontage on major thoroghfare Sunrise Boulevard, one of Broward County’s busiest and most highly trafficked roads.
Seller is in possession of four sets of plans and renderings, all in full accordance with Planning and Zoning regulations. Plans include: stand alone full service fast food drive thru, multi-tenant retail and take out restaurant w/drive thru, and one set of plans that keeps the billboard that is currently on the lot for additional (completely passive) income. Demand for drive through/take out in the post Covid-19 world is through the roof.
Corner location with direct access from east and west bound lanes. Subject property is located on the north side of Sunrise Blvd (westbound lanes) and a turn lane goes directly to property from eastbound lanes; this makes the property directly accessible to both westbound and eastbound traffic on Sunrise Blvd without making a u-turn.
Property currently has income producing billboard on it that can be removed for construction or left in place (and designed around) for additional income.
The 19,151 square foot corner lot gives you ample room for parking.
The corner location provides amazing ingress/egress options both on Sunrise Blvd and on 29th Terrace. Property can be entered to/exited from both Sunrise Blvd and NW 29th Ter.
Over 51,000+ cars daily, according to FDOT
-Population density in 1, 3 and 5 mile radius
16,739 1 mile, 186,096 3 mile, 405,346 5 mile
-Average household income in 1, 3, and 5 mile radius
$46,444 1 mile, $56,420 3 mile, $68,174 5 mile
-Full demographics report available upon request
Unique opportunity to purchase a corner location with over 190 feet of frontage on one of Fort Lauderdale’s most highly trafficked roads, Sunrise Blvd. Property is also available for lease at $4,468.50 per month; less than $2.80 per square foot. This is by far the best priced land lease deal in the county!
Seller financing is available as well. Subject property is an assemblage of seven parcels, totaling of 19,151 square feet of commercial land (zoned B-2) on the corner of Sunrise Blvd and NW 29th Terrace (less than two blocks east of the busy Sunrise Blvd and NW 31st Ave intersection). This property is in a Qualified Opportunity Zone: There are HUGE tax deferral and savings on all money you put into this property. You also pay no taxes on the profit when you sell if you hold for ten years. Ask your accountant for details. Located less than 1 mile west of I-95 and 1 mile east of Florida’s Turnpike, this lot is not only on one of Broward County’s major thoroughfares, it’s sandwiched between Broward’s two main highways and Sunrise Blvd has its own exit on both I-95 and Florida’s Turnpike. According to FDOT, over 51,000 cars pass this site per day. *There is a turn lane from the eastbound lanes of Sunrise Blvd that goes directly to this property, making it directly accessible to both westbound and eastbound traffic on Sunrise Blvd without making a u-turn!* This corner lot allows for abundant ingress/egress opportunities as the property can be entered to/exited from both Sunrise Blvd and/or NW 29th Ter. National retailers on Sunrise Blvd within a half mile radius of the subject property include: Exxon, Marathon, KFC, Check Cashing Store, Metro PCS, Subway, BP, Rent-A-Center, Family Dollar, Shell, Dunkin Donuts (two of them), Church’s Chicken, Valero, McDonalds, 711 (currently under construction), & more. It is also less than 1/4 mile east of the world famous Swap Shop, attracting 12 million people annually. There are over 3,000 new residential units currently under construction within a 3 mile radius, including 147 luxury fee simple townhomes being built less than 1 mile west on Sunrise Blvd. The area has shown an average population growth rate of roughly 1% per year every year since 2010. The amount of projects in the pipeline should result in a much higher growth rate in the coming years.There is a bus stop right in front of the property and the property is walking distance from Dillard High School, producing great foot traffic. Property currently has income producing billboard; billboard can be removed at any time. Call any time for more information.