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250 S Federal Hwy
Dania, FL 33004 Dania Beach/Fort Lauderdale

$1,500,000

Showroom For Sale  •  9,256 Sq Ft

Property Details

  • Property Type Showroom
  • Total Building Size 9,256 Sq Ft
  • Lot Size 0.35 ac
  • Building Class B
  • Year Built 1979
  • Tenancy Multiple
  • Zoning C-3, Dania
40 Transit Score
79 Walk Score

Description

Marcus & Millichap, as exclusive advisor, is pleased to present 250 South Federal Highway (“the Property or Subject Property”) located just 1.5 miles south of the Fort Lauderdale International Airport on South Federal Highway in Dania Beach, Florida. The Subject Property has 300 feet of direct Federal Highway frontage showcasing a new façade in the center of a dynamic transforming market with projects going vertical north and south of the Property along South Federal Highway.
250 South Federal Highway is currently positioned as a two-tenanted property with a regional medical lab corporation occupying the rear space of the property and the premiere storefront space currently occupied by the owner who will be vacating upon sale. The rear tenant, anchoring the Property recently exercised the first of two, five-year options showing a long-term commitment to the space, while the storefront comprised of 4,628 square-feet with sleek industrial ceilings and an open floor plan will be offered vacant providing upside to an investor or a user looking to capitalize on the prime frontage and branding ability.
The subject property has recently undergone a number of improvements including new façade, state of the art security throughout, partial roof replacement over the rear tenanted space and added parking. Additionally, the storefront is installed to allow for a future tenant to have LED signage facing Federal Highway.

Highlights

Premiere Owner-User or Value-Add Investment Opportunity in Dania Beach, Florida
Prime 4,628 Square-Foot Store Front Space Available for Lease or Occupancy Facing South Federal
New Façade and Capital Improvements Create a Clean Modern Look Appealing to Tenants
Strong Medical Lab Tenant Provides Stable Income and Anchor for the Property
Multiple Uses Available for Vacant Space Including Retail, Showroom and Medical
Signage and Branding Ability on South Federal Highway with 300 Feet of Direct Frontage and LED Signage Ability

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $124,755 (2020)
Total Expenses: $61,518

Major Tenants

Tenant SF Occupied Lease End Date
Lab & Radiology, Inc 4,964 SF
Vacant Store Front 4,628 SF

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale/Hollywood International Airport Commuter Rail (Tri-County Commuter) 8 min - 2.9 mi
Sheridan Street Commuter Rail (Tri-County Commuter) 8 min - 3.2 mi
AirportDriveWalkDistance
Fort Lauderdale–Hollywood International Airport 10 min - 4.0 mi
Miami International Airport 45 min - 27.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Benjamin Silver 954-245-3425 Marcus & Millichap
Benjamin Silver 954-245-3425 Marcus & Millichap