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Property Detail

North Federal Highway
Portfolio of ground floor retail condos within the trophy asset, the Galleria Corporate Center (GCC)
$400,000

Description

  • Portfolio of ground floor retail condos within the trophy asset, the Galleria Corporate Center (GCC), and in an established commercial corridor.
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  • Each unit can be leased to different tenants or combined to accommodate potential tenant needs.
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  • 2455 E Sunrise Blvd is easily accessible via Sunrise Blvd, which sees over 28,000 vehicles daily.
  • Six condo portfolio with value-add potential through lease-up and build-out to tenants in varying industries.
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  • There are over 59,000 residents living within a 2-mile radius; an impressive 4.4% growth over the last four years.

Executive Summary

Level Realty, in tandem with Ten-X, is pleased to present the opportunity to purchase retail condo units at the Galleria Corporate Center (GCC). GCC is a 168,807-square-foot, multi-tenant office building located in the rapidly growing Fort Lauderdale MSA. This opportunity encompasses fractured condo units with majority ownership representation.

The diverse mix of waterfront residential, name-brand retailers, coastal access, and proximity to multiple redevelopment projects makes the Galleria Corporate Center a prime location for any business looking to purchase an appreciating asset and establish a foothold in an exploding market. GCC is ideally located on East Sunrise Boulevard in Fort Lauderdale’s upscale Coral Ridge neighborhood. The adjacent lot will be a mixed-use project, consisting of 180 multifamily units, 4,400 square feet of restaurant, 1,350 square feet of retail, and 5,750 square feet of office.

Galleria Corporate Center is just 2.8 miles from downtown Fort Lauderdale and less than a mile from the beach. This thirteen-story office building offers ocean, Intracoastal, and city views. This centrally located property has an updated Butterfly MX entry system, a newly renovated lobby, upgraded security cameras, and restrooms. Tenants enjoy free parking, conference rooms, 24/7 security, on-site management, and an on-site restaurant and café. Numerous restaurants are within walking distance, including Publix, Starbucks, The Capital Grille, P.F. Chang's, Seasons 52, and Lasso Gaucho. The building is located directly across from the Galleria Mall, which features luxury shopping and restaurants and is set to be restructured and redeveloped over the next few years.

The Galleria Corporate Center, situated along the major thoroughfare E Sunrise Boulevard/SR-838 in Ft. Lauderdale, FL, boasts prime accessibility to numerous key locations. It is just 0.7 miles from A1A and the beach, 1.7 miles from US-1, 5.3 miles from I-95, and 6.6 miles from Florida's Turnpike. Fort Lauderdale International Airport is only 6.5 miles away, approximately a 16-minute drive, with Miami International Airport just 39 minutes away. Additionally, downtown Fort Lauderdale and the CBD are a short 2.8-mile drive, making this property ideal for those seeking to avoid downtown prices while enjoying an upscale address in a prestigious building.
 

Ground Floor Value-Add Retail Space

Listing ID : 00591

SKU: 591

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Price History

DateEventPrice
December 3 2024Listed$400,000.00