Retail Business for Sale in Fort Lauderdale, FL

  • Price: $11.9M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fort Lauderdale, FL 33316

Description

Brand New Trophy South Florida Retail Development CBRE’s Net Lease Property Group is pleased to present Shoppes at Rio Vista, a rare opportunity to acquire a trophy multi-tenant new construction retail/medical project at the Northeast corner of SE 17th Street Causeway and Miami Road just down the street from the World- Famous PIER 66 in the heart of Fort Lauderdale. This 2.59 acre site had been completely occupied by Bank of America since 1974 and this redevelopment includes a new state of the art 5,540 square foot facility for Bank of America on a new 20-year ground lease (this branch opened in March of 2021 and holds a massive deposit base of over $511M), ABC Fine Wine & Spirits has signed a new 20-year lease for a new 10,244 square foot facility (includes a 2,249 square foot second floor storage area) which is currently under construction and there is a 9,460 square foot three tenant building also under construction that will accommodate Starbucks and Aspen Dental. This project has excellent visibility along SE 17th Street Causeway (42,500 AADT), multiple access points and monument signage. Bank of America’s building has three drive thru lanes and Starbucks will also have a dedicated drive thru lane. Exceptional on-site parking provided with a total of 137 spaces (ratio of 5.95 spaces per 1,000 square feet).

Market Context

This retail in Fort Lauderdale, FL is listed for sale at $11,865,700. It has been on the market for 164 days. Compare it against other retail listings for sale in Fort Lauderdale, FL — <a href="/search/sale/retail/florida/fort-lauderdale">view the full market</a>.

As of Q1 2026, the Fort Lauderdale retail market showed rents up 2.4% year over year, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Fort Lauderdale?
About 6.2% as of Q1 2026, per Consensus.

Unified Estimate

Low Confidence

$476.31/SF – $644.41/SF

Mid: $560.36/SF

Rate estimator only; cost-of-business estimate unavailable.

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