3400 Federal

Description

Rare opportunity to lease a distinctive freestanding commercial property in prestigious Lighthouse Point. Offering 140 feet of prominent frontage along Federal Highway, this highly visible property, formerly occupied by Thrifty Car Rental, presents exceptional exposure, signage opportunities, and ample on-site parking. Zoned for mixed use, the property offers versatility for a variety of retail, showroom, professional office, and service-oriented uses. The current owner has made substantial investments in bringing the property into compliance with City of Lighthouse Point requirements. The building features over 1,500 square feet of office space, including a welcoming reception and waiting area, private offices, and a dedicated staff room. Ideally positioned along a major commercial corridor and surrounded by affluent residential communities, this property presents an outstanding opportunity for an owner-user or investor. This opportunity can be purchased in combination with the property directly to the east, 1941 NE 34th Ct, for $30,000.00 monthly. 1941 NE 34th Ct is a highly functional industrial/commercial facility purpose-built for automotive operations. The property features approximately 6000 sqft between the covered area and overhang, including a professional-grade custom spray booth for auto finishing. Designed for efficiency and high-volume operations, the facility offers 7 bay doors, multiple vehicle lifts, and a large side yard capable of accommodating up to 60 vehicles. Additional features include a manager's office, an employee locker room with a shower, a fenced, secure lot, and additional storage. Zoned B-3A & RD-10 (APN: 4843 19 07 0030). Combined lot size is approximately 36,320 SF. Property is zoned for automotive and marine-related uses, offering excellent flexibility for a variety of commercial operations. Approximately $100,000 has been invested in recent landscaping. Other Property upgrades include: -upgraded office spaces, the addition of a kitchen area, exterior paint, refurbishment of the front overhang roof, and resurfacing/restriping of the front asphalt parking area. The property has been brought up to code for occupational licensing and is equipped with an ADT security system servicing both buildings. Additional features include HVAC in the front office and rear building, hurricane-rated garage bay doors, and a new roof installed on the rear building in 2023 The property is also listed for sale for $1,250,000.00 and both properties for a combined $4,500,000.00