The Porosoff Group of Compass Commercial is proud to present 5554 N Federal Highway, a brand new 6,000 SF retail development in Fort Lauderdale, Florida. The property sits on a 0.62-acre lot on the signalized intersection of US-1 and NE 56th Street, conveniently located between the two thoroughfares of Commercial Boulevard and Cypress Creek Road. The daily traffic counts are more than 43,500 vehicles per day on N Federal Highway, with 5,500 vehicles per day on NE 56th Street.
The property is nearing completion and is currently set up as a single-tenant building with 6,000 SF of rentable area and 24 parking spaces with shared access and a separate parking area for a Pollo Tropical.
The property could be split into four bays should a new owner desire a multi-tenant retail/office property. The property sits 2.5 miles from I-95 via Commercial Boulevard or W Cypress Creek Road. Less than a mile and a half to the beach, less than 4 miles to Fort Lauderdale Executive Airport, and less than 15 miles to Fort Lauderdale International Airport. Nearby national retailers include Pollo Tropical, MD Now Urgent Care, Denny’s, CVS, Burger King, Ferrari of Fort Lauderdale, Maserati of Fort Lauderdale, Panera Bread, Starbucks, Dunkin’ Donuts, Wells Fargo, and Bank of America, to name a few.
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379
CRE Mixed-Use Advisor
Tel: (978) 807-3245
Joe@porosoff.com
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