PROPERTY FEATURES

+ Prime ±6.03 acre development site in the heart of Broward County

+ Available for sale or ground lease. Parcel can be subdivided

+ Located in Opportunity Zone

+ Zoning: B-2 General Business

+ ±7 million habitants in South Florida

+ ±747,145 people within a 15-minute drive

FOR SALE OR GROUND LEASE

CBRE, Inc.

FORT LAUDERDALE REDEVELOPMENT LAND3151W OAKLAND PARK BLVD.FORT LAUDERDALE, FL 33311

CONTACT US

JAKE ZEBEDESenior Associate+1 305 975 0874jake.zebede@cbre.com

LARRY GENETSenior Vice President+1 305 807 0004larry.genet@cbre.com

TOM O’LOUGHLINSenior Vice President+1 954 356 0468tom.oloughlin@cbre.co

+ ±96,400 vehicles per day (combined cross streets)

+ Access from east and south sides of the development

+ ±150 parking spaces

+ Extremely desirable market with high barrier to entry

+ Frontage: 250’ on NW 25th Street and 300’ on NW 27th

NW 31ST AVENUE (36K VPD)

W OAKLAND PARK BLVD. (60K VPD)

FOR SALE OR GROUND LEASEFORT LAUDERDALE REDEVELOPMENT LAND

PROPERTY DESCRIPTIONCBRE, as exclusive representative, is pleased to present the opportunity to acquire the Fort Lauderdale Redevelopment Land, an approximately ±6.03 acre land site located in Fort Lauderdale, FL on West Oakland Park Boulevard. The site now is fully paved with two buildings on site. The warehouse building on the north side is ±71,000 SF. The smaller building to the south east of the property is ±3,293 SF.

Consisting of an impressive ±990 feet of street frontage (combined area on both NW 31st Avenue and West Oakland Park Blvd Streets). The site is currently zoned B-2 General Business and within an Opportunity Zone tract with an investment score of six (6).

The Fort Lauderdale Redevelopment Land presents a rare opportunity to acquire a critical volume of land in one of the fastest-growing and most promising markets in the country. The zoning code is very flexible to allow for many types of development in the area. This is a well-trafficked area, with average traffic counts 36,000 cars (NW 31st Avenue) and 60,400 (W Oakland Park Blvd.) vehicles daily. The area has average demographics, with a household income of $47,446 annually within a 5 mile radius. The area is also centrally located and easily accessible via I-95 and Florida Turnpike.

Address:3151 West Oakland Park, Fort Lauderdale, FL 33311

Zoning: B-2 General Business

Site Size: ±6.03 acres

Building(s): 2

(North Building) ±71,000 SF

(South Building) ±3,293 SF

Parcel #: 49-42-19-00-0182

Asking Price: INQUIRE

Asking Rate: INQUIRE

OPPORTUNITY ZONETract: 12011050301 INVESTMENT SCORE - 6 (1=low; 10=high)

The Urban Institute developed a score of investment flows to census tracts factoring commercial lending, multifamily lending, single-family lending and small business lending. Data on existing equity flows is limited so debt flows are used as a proxy for understanding access to local capital.

FORT LAUDERDALEREDEVELOPMENT LAND

N

OPPORTUNITY ZONE

NW 31ST AVENUE (36K VPD)

W O

AK

LAN

D PA

RK

BLV

D. (6

0K

VPD

)

3151W OAKLAND PARK BLVD.

FORT LAUDERDALE, FL 33311

ZONING SNAPSHOT

AREA DEMOGRAPHICS

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

EMPLOYMENT

272,037 EMPLOYEES

32,269 BUSINESSES

6.0% RESIDENTIAL UNEMPLOYMENT RATE

Master 's/Profess ional/Doctorate -9 .1%

Bachelor ' s - 17.3%

Other - 73 .6%

EDUCATION

©2020 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:567431

MARKET POTENTIAL - MAJOR RETAILERS

3151 W OAKLAND PARK BLVD 1 MILE

Expected Adults Index (US = 100)

2019 Population 24,275

2019 Total Population: Age 18+ 18,621

AMPM 1,238 6.7% 111

BP Food Mart 1,180 6.3% 123

Circle K 2,161 11.6% 123

Citgo 973 5.2% 139

ExxonMobil On the Run 1,078 5.8% 98

7-Eleven 4,381 23.5% 104

Sheetz 926 5.0% 113

Wawa 1,067 5.7% 97

Ace Hardware 2,848 15.3% 77

Apple 1,461 7.9% 84

Home Depot 7,741 41.6% 90

Lowe`s 5,973 32.1% 86

Sears Hardware 998 5.4% 90

True Value 852 4.6% 87

Best Buy 4,273 23.0% 97

RadioShack 540 2.9% 102

Tractor Supply 912 4.9% 54

CVS/Longs Drugs 6,988 37.5% 93

Rite Aid 2,598 14.0% 94

Walgreens 7,247 38.9% 108

Walmart Pharmacy 3,787 20.3% 112

CONVENIENCE STORES

APPL IANCE, HARDWARE , E LECTRONIC

DRUG STORES

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

S tudyArea

U S

% ANNUAL POPULATION GROWTH

3151 W OAKLAND PARK BLVDAREA SUMMARY 5 MILES

Whi te - 39.6%

Black/Afr i can American - 50.5%

American Indian - 0 .3%

As ian - 2 .3%

Native Hawaiian/Other Paci f i c I s lander -0 .1%

Other Race - 4 .0%

Two or More Races - 3.2%

RACE & ETHNICITY

20.5% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$47,446MEDIAN HOUSEHOLD INCOME

$26,702PER CAPITA INCOME

HOME OWNERSHIP

52.7%OWNER-OCCUPIED UNITS

POPULATION

0 100,000 200,000 300,000 400,000 500,000 600,000

2010

2019

2024

2010-2019 2019-20240.00

0.25

0.50

0.75

1.00

1.25

POPULATION BY YEAR

Study Area

US

% ANNUAL POPULATION GROWTH

CORAL SPRINGS CITY, FLAREA SUMMARY

White - 62.5%

Black/African American - 21.8%

American Indian - 0.3%

Asian - 6.0%

Native Hawaiian/Other Pacific Islander - 0.1%

Other Race - 5.2%

Two or More Races - 4.1%

RACE & ETHNICITY

30.3% HISPANIC/LATINO POPULATION (ALL RACES)

INCOME

$76,462MEDIAN HOUSEHOLD INCOME

$34,749PER CAPITA INCOME

HOME OWNERSHIP

60.7%OWNER-OCCUPIED UNITS

EMPLOYMENT

49,259 EMPLOYEES

6,514 BUSINESSES

5.0% RESIDENTIAL UNEMPLOYMENT RATE

Master's/Professional/Doctorate - 13.3%

Bachelor's - 26.0%

Other - 60.7%

EDUCATION

POPULATION

©2020 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:575824

0 25,000 50,000 75,000 100,000 125,000 150,000

2010

2019

2024

2010-2019 2019-20240.0

0.2

0.4

0.6

0.8

1.0

EMPLOYMENT

272,037 EMPLOYEES

32,269 BUSINESSES

6.0% RESIDENTIAL UNEMPLOYMENT RATE

Master 's/Profess ional/Doctorate -9 .1%

Bachelor ' s - 17.3%

Other - 73 .6%

EDUCATION

©2020 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:567431

MARKET POTENTIAL - MAJOR RETAILERS

3151 W OAKLAND PARK BLVD 1 MILE

Expected Adults Index (US = 100)

2019 Population 24,275

2019 Total Population: Age 18+ 18,621

AMPM 1,238 6.7% 111

BP Food Mart 1,180 6.3% 123

Circle K 2,161 11.6% 123

Citgo 973 5.2% 139

ExxonMobil On the Run 1,078 5.8% 98

7-Eleven 4,381 23.5% 104

Sheetz 926 5.0% 113

Wawa 1,067 5.7% 97

Ace Hardware 2,848 15.3% 77

Apple 1,461 7.9% 84

Home Depot 7,741 41.6% 90

Lowe`s 5,973 32.1% 86

Sears Hardware 998 5.4% 90

True Value 852 4.6% 87

Best Buy 4,273 23.0% 97

RadioShack 540 2.9% 102

Tractor Supply 912 4.9% 54

CVS/Longs Drugs 6,988 37.5% 93

Rite Aid 2,598 14.0% 94

Walgreens 7,247 38.9% 108

Walmart Pharmacy 3,787 20.3% 112

CONVENIENCE STORES

APPL IANCE, HARDWARE , E LECTRONIC

DRUG STORES

The property is in a densely populated area of around 477,500 residents. Located near two international airports, several international seaports, railways and highways, Doral provides access to the global marketplace. Being part of Broward County gives the added advantage of being close to over 2.7 million people and almost 84,000 businesses.

(B) Uses permitted.(1) Uses as specified for this district in the master business list.(2) Limitation of permitted uses: All activities of permitted uses, including sale, display, preparation and storage shall be conducted entirely within a completely enclosed building except for:

(a) Automobile parking lots.(b) Boat retail sales subject to approval as a conditional use.(c) Drive-in banks.(d) Gasoline service stations, subject to approval as a conditional use and the provisions of section 24-74.(e) Golf driving range.(f) Plant nursery enclosed by a vision-obscuring fence.(g) Outdoor restaurants as an accessory use to an enclosed restaurant or drive-in restaurant, see subsection (3) below.

(3) Restaurants.(a) Outdoor seating area, as an accessory use to an enclosed restaurant shall not exceed 49% of the total gross floor area of the interior customer service area.(b) Drive-in restaurant outdoor seating shall be limited to 25% of the gross floor area of the building.

(C) Building site area. 100 feet in width and 125 feet in depth except for those lots platted prior to December 29, 1984.(D) Building site coverage and green space. 25% of the site shall be landscaped or pervious.(E) Residential density. 16 dwelling units per acre in accordance with sections 24-41(D)(2), Master Business List and 24-72, Reserve Units.(F) Maximum floor area ratio (FAR): 1.0 FAR.(G) Setbacks and bufferyards. Except for driveways, sidewalks and rear yards, all setbacks shall be landscaped or pervious.

B-2: General Business District

(A) Purpose. The B-2: General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous and accessible location convenient for motorists. Uses are particularly oriented toward meeting the full service needs of city residents, including repair of small articles, but not of a “heavy” commercial nature. A site plan is required in accordance with article XII.

(1) Front:(a) 25 feet if 300 feet or more in depth, ten (10) feet if less than 300 feet in depth.(b) 25 feet when a residential district is across the street with the first ten (10) feet landscaped unless the parcel is 300 feet in depth in which case the entire setback shall be landscaped.(c) Fences and walls: ten (10) feet; hedges or trees: seven (7) feet.

(2) Side: 15 feet where B-2 District directly abuts a residential district.(3) Corner:

(a) Ten (10) feet abutting on the side street, alley or waterway.(b) 25 feet when a residential district is across the street with the first ten (10) feet landscaped.(c) No fence, wall, hedge, tree, structure or parking space shall be erected or allowed to obstruct vision within 30-foot clear sight triangle at the corner of the property.

(4) Rear: 15 feet where a B-2 District is separated by an alley or waterway from a residential district or where a B-2 District abuts a residential district.

(H) Building height limit.(1) 100 feet.(2) Any building over 50 feet:

(a) The front yard setback must be at least one-half (½) of building height; side and rear setbacks must be at least one-third ( 1/3 ) of building height; in no case less than (G) above.(b) Where the building site is adjacent to a residential district, the setback shall be at least the height of the building.

(I) Other regulations. See also articles V (Supplemental Regulations), VI (Parking), VIII (Landscaping) and XI (Signs).(Ord. No. O-90-21, § 10, 10-17-90; Ord. No. O-21-3, § 3, 4-3-91; Ord. No. O-2008-035, § 2, 11-19-08)

CBRE Licensed Real Estate Broker

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

FOR SALE OR GROUND LEASEFORT LAUDERDALE REDEVELOPMENT LAND

3151W OAKLAND PARK BLVD.

FORT LAUDERDALE, FL 33311

3/11/2020 377506© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information issolely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

IMMOKALEE

IONA

NAPLES

MARCO ISLAND

HOMESTEAD

CUTLER BAY

SUNRISE

FT LAUDERDALE

PARKLAND

AVENTURA

BOCA RATON

BOYNTON BEACH

WEST PALM BEACH

PORT ST LUCIE

RIVIERA BEACH

STUART

MIAMI

826

80

869

29

821

17

1

98

27

441

41

75

95

95

75

595

DRIVE TIME

¯ 0 2010 Miles

9,000 or Greater

6,000 - 9,000

3,000 - 6,000

1,500 - 3,000

500 - 1,500

Less than 500

Population DensityPeople per Square Mile

Drive Times

90 Minutes

60 Minutes

45 Minutes

30 Minutes

Population Within

6,420,675

5,310,338

3,756,894

2,092,488

TamaracFort LauderdaleDavieDeerfield BeachHollywoodBoca RatonAventuraDelray BeachNorth MiamiSunny IslesMiamiDoralMiami BeachWest Palm BeachKendallHomestead

Drive Times to Cities12 min16 min19 min21 min24 min24 min31 min33 min36 min38 min45 min49 min50 min51 min65 min76 min

3705 W Commercial Blvd.

DRIVE TIME MAP