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Fort Lauderdale, FL - EverBank

$3,600,000

2521 E Commercial Blvd, Fort Lauderdale, FL 33308

Active
Last Updated: 09/09/2026

5.69

Cap Rate

204,935

NOI

Details:
Cap Rate:    5.69%
NOI:    $204,935
Building Size:    2,525 sqft
Lot Area:    0.49 acres
Occupancy:    100%
Year Built:    2009
Zoning:    CB - Commercial Business
Floors:    1
Year Last Renovated:    2010
Description:

• Everbank has a corporate signature on this lease
• 4+ years remaining with 2 (5-year) option periods left to extend
• Scheduled 3% annual increases in the current term and the remaining options to drive NOI growth and provide a built-in hedge against inflation
• Tenant has been operating since 2008 and used 3 of the total 5 options demonstrating commitment to the site

• The subject property is at the intersection of E Commercial Blvd averaging over 53,500 vehicles per day and NE 26th Ave
• Major retailers in the immediate trade area include Starbucks, Jersey Mike’s, Burger King, Dunkin’, Wendy’s, and more
• Coral Ridge Mall is within 2 miles of the subject property and ranks in the top 78th percentile and has averaged more than 4.5 million visitors over the past 12 months according to Placer.ai
• The property is less than 2.5 miles away from Interstate 95 which averages more than 270,000 vehicles per day
• Fort Lauderdale saw a tourism surge with more than 20.9 million travelers in 2025, generating $124 million in tourist development tax revenue (Article)

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