Ares - Burlington - Ft. Lauderdale, FL_Propriété à vendre
Ares - Burlington - Ft. Lauderdale, FL_Propriété à vendre

Ares - Burlington - Ft. Lauderdale, FL

2701 North Federal Highway, Fort Lauderdale, FL, 33306, US

Descriptif

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Burlington 2701 N Federal Highway Ft. Lauderdale FL (the “Tenant”). Located within a populated area of Fort Lauderdale with a population of 255,000 within a 5-mile radius, the Property is situated adjacent to N Federal Hwy (US-1) with 58,500 vehicles per day. It is within 1 mile of three high-performing shopping centers: River Market, Bal Harbour Square, and Coral Ridge Mall. Burlington Stores, Inc., a Fortune 500 company, operated over 1,100 stores across 46 states. With a market capitalization of $18.5 billion, Burlington demonstrates strong financial health and impressive growth momentum, strategically expanding its retail footprint through new store development across prime commercial markets nationwide.


The property is situated just one mile from three high performing retail centers and just four miles from downtown Fort Lauderdale. Coral Ridge Mall ranks as the 7th most visited shopping mall in Florida out of 44 regional malls (per Placer.ai). Notably, the Property sits between Coral Ridge Mall and River Market Shopping Center, which is home to key retailers such as Target, Publix, Whole Foods, Dick's Sporting Goods, Lululemon, Sephora, and Sweetgreen, hosting 2.2M people annually. The corridor’s high dense of residential and retail provides substantial consumer traffic.

...

Attributs

Superficie du bâtiment nette
3 530 mètres carrés
Année de construction
1997
Prix demandé
18 328 000 $
Taux de capitalisation
6,25 %
Durée restante du bail
9.5 années
Type de bail
Triple Net Absolu
RNI
1 146 000 $

Média

Points forts de l'investissement


  1. Fortune 500 Company
  2. 1.8 Miles away from a new mixed-use development
  3. $10.6B Annual revenue (FY2024) for Burlington
  4. Oversized 2.82 Acres
  5. 9.5-Yr, Abs. NNN
  6. Zero Landlord Responsibilities
  7. Heavily trafficked retail corridor with strong global brand name tenants within 1 Mile
  8. Exposure to 58,500 VPD • S&P: BB+ (stable outlook)
Ares - Burlington - Ft. Lauderdale, FL 4_Propriété à vendre
Ares - Burlington - Ft. Lauderdale, FL 4_Propriété à vendre

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Dernière mise à jour
22 juil. 2025