Property Description
Vision Real Estate Advisors, as exclusive advisor, is pleased to present the opportunity to acquire Oakland Center (the Property), a +/- 20,300 square foot multi-tenant automotive, retail and flex center situated on +/- 1.76 acres at 1100 W Oakland Park Blvd in Wilton Manors, Florida. The Property occupies an irreplaceable main-and-main position at the signalized intersection of I-95 and Oakland Park Blvd, one of Broward County’s major east-west thoroughfares, offering a rare opportunity to acquire a highly functional, service-oriented asset at the gateway to Wilton Manors, Coral Ridge and Downtown Oakland Park.
The Property features +/- 580 feet of direct frontage on Oakland Park Blvd, which carries approximately 69,700 vehicles per day. Two access points and two large monument signs provide clear visibility and convenient ingress and egress, while the signalized I-95 interchange delivers immediate connectivity north toward Palm Beach County and south toward Downtown Fort Lauderdale and Miami.
The surrounding trade area is dense and established, with approximately 162,800 residents and an average household income of approximately $97,500 within a three-mile radius. The intersection is a proven retail destination, with Lowe’s, Wendy’s, Denny’s, Chevron, Mobil, 7-Eleven and Miami Subs within about a quarter mile, and McDonald’s, Wawa, Publix, The Home Depot, Rooms To Go and Walgreens within about a mile, generating steady, daily traffic past the Property.
A standout feature is the Property’s B-3 zoning, which permits automotive repair by right, a use increasingly limited in Wilton Manors and the surrounding submarkets. The three in-line buildings offer 16 grade-level roll-up doors and +/- 15’6″ clear height in the industrial building, and all three roofs were replaced in 2024 with a transferable 10-year warranty. The Property is 89% occupied by a diversified roster of automotive service, retail and flex tenants, including Mercedes Service Center, Vertical Automotive Group, SSG Car Audio, Dent Demon, Autobuy, GExhaust, Elite Tire and Alpha Creative, with no single tenant occupying more than approximately 16% of the space.
From an operational standpoint, recent leases have been signed at over $30 per square foot NNN, compared with an in-place average of approximately $21 per square foot, and the rent roll carries a weighted average lease term of approximately 2.6 years. This gives a new owner a clear market benchmark as existing leases roll, along with the opportunity to lease the remaining vacant bay.
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