Berger Commercial Realty’s Keith Graves, St. George Guardabassi Negotiate Sale Of Free-Standing Fort Lauderdale Retail Property

Berger Commercial Realty/Corfac International Senior Vice Presidents Keith Graves, CCIM  and St. George Guardabassi represented seller J & RI AND SON, LLC in the sale of a free-standing retail property located at 701 E Sunrise Blvd. in Fort Lauderdale, Florida.
FORT LAUDERDALE JIU-JITSU LLC purchased the 2,500-square-foot building, which is situated on a 18,217-square-foot lot, for $1,812,500, with plans to renovate the currently vacated space into a Jiu-Jitsu facility.
The deal closed June 15.
The 1967-built property features 77 feet of frontage on E Sunrise Blvd and is conveniently located within close proximity to fastest growing neighborhood, Flagler Village.

Guardabassi said, “The Buyer recognized that this location on Sunrise Boulevard offered his business nearly unlimited growth potential with the many new developments planned including the Sears Town site and Galleria Mall.”