High Street Retail Sale on the Best Intersection in Broward County
3061 N Federal Hwy
Fort Lauderdale, FL 33306
Highlights
- Unimpeded visibility to Federal Hwy, offering an excellent opportunity for street traffic of over 100,000 VPD
- Each unit to have painted and tailored branding.
- Center offers a sophisticated mix of medical office and retail including landmark music venue, Culture Room.
- Center is located center across from Coral Ridge Mall.
- Lots of foot traffic (84 Walk Score) from surrounding businesses which include major retailers, restaurants, office buildings, and music venues.
Description
This prime investment opportunity is a portfolio of four in-line retail condos within Coral Shopping Center located at the corner of Federal Hwy/US1 and Oakland Park Blvd. The portfolio boasts unimpeded visibility by including both sides of the South West corner of this signaled intersection with over 100,000 VPD. Not only is there promising and exceptional exposure at this location, but each unit offers an opportunity for customized branding. The center shares mix of medical office and retail, including the renowned music venue Culture Room. Centrally located near Coral Ridge Mall and one mile to the beach, this property attracts significant foot traffic from neighboring businesses, presenting an enticing retail investment opportunity.
The Coral Shopping Center is situated at the southwest corner of the Federal Hwy and East Oakland Park Blvd intersection. Over 100K vehicles travel past the property daily, making this corner one of Broward Countyā€™s highest traffic volume intersections. The property is in great shape and has been well-maintained by ownership. This plaza hosts one of the only live music venues in Fort Lauderdale and sits across the street from the newly constructed and immediately stabilized office/retail/residential campus, Oaklyn, and catty-corner from Coral Ridge Mall boasting big-box tenants such as Target, Publix, AMC, and more. This is a visually and strategically appealing location for potential customers and tenants.