Retail Business for Sale in Fort Lauderdale, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fort Lauderdale, FL 33306

Description

Marcus & Millichap is pleased to present The Savvy Bridal building, a 3,600 square-foot single tenant retail building located at 2020 E Oakland Park Blvd in the heart of East Fort Lauderdale. The Savvy Bridal building was completely gut renovated in 2024 with impact windows, façade, roof, parking lot and much more. 2020 E Oakland Park Blvd is 100% occupied by Savvy Bridal, an exclusive by appointment only bridal salon. The Savvy Bridal Building is strategically located on the signalized corner of NE 20 Terrace and Oakland Park Blvd just west of Federal Highway, with 58 feet of direct frontage along the highly trafficked East Oakland Park Boulevard. The property is strategically located on a major retail corridor and is surrounded by nationally recognized brans such as Publix, Sprouts, GNC, LA Fitness, Target, TJ Maxx, Taco Bell, McDonalds, Starbucks and many more. Savvy Bridal recently executed a 5-year triple net lease with 3% annual increases and 3–5-year options. The Savvy Bridal building offers an investor the rare opportunity to acquire a fully leased, completely renovated building in the heart of Broward County. Investment Highlights: • Gut Renovated in 2024 – Including new roof, interior build-out, and exterior • 3% Annual Rent Increases • Prime East Fort Lauderdale

Market Context

This retail in Fort Lauderdale, FL is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 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.

Its 5.5% asking cap rate is below the Fort Lauderdale retail market average of about 6.2%, reflecting premium pricing relative to comparable assets. 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

$504.28/SF – $682.26/SF

Mid: $593.27/SF

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

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