Shoppes at Coral Ridge
Closed5130 N Federal Hwy, Fort Lauderdale, FL 33308
Area Description
Strategically located at the signalized intersection of North Federal Highway (US-1) and East Commercial Boulevard, Offices & Shoppes at Coral Ridge benefits from exceptional visibility and accessibility in one of Broward County's most heavily traveled retail corridors, with over 44,000 vehicles passing daily. This vibrant corridor is home to a strong mix of national retailers, medical centers, and professional service providers, creating a dynamic environment for both consumer and business activity. The property is surrounded by well-established residential communities and is within close proximity to major demand drivers such as Holy Cross Health, Sea Ranch Village, and Coral Ridge Country Club. With over 248,000 residents and an average household income exceeding $105,000 within a five-mile radius, the area offers a dense, affluent customer base and a strong labor pool, further enhancing the long-term appeal and investment potential of the asset. (plus of minus sign) 165 feet of frontage on Federal Hwy (50k+ VPD) near the signalized intersection of Commercial Blvd (41,500 VPD). With 280,000+ residents within five miles, strong household incomes near $100,000, and sustained population growth, Shoppes at Coral Ridge represents a rare opportunity to acquire a stabilized, small-bay retail asset in an irreplaceable location with exceptional long-term value and rent growth potential.
Area Highlights
- Rare Federal Highway Retail: (plus of minus sign) 165 feet of frontage on Federal Hwy (50k+ VPD) near the signalized intersection of Commercial Blvd (41,500 VPD)
- Excellent Demographics: Median Household Income just under $100k
- 280k+ Population within 5-miles
- 3.9% Annual Population Growth within 2 Miles
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