Havertys Ft. Lauderdale
Ft. Lauderdale, FL
THIS PROPERTY WAS SOLD AND IS NO LONGER IN OUR PORTFOLIO
The “Carl’s” Ft. Lauderdale Building is a 52,399 Sq. Ft., two story, single user Retail Building located in a highly desirable “A-Class” area of Ft. Lauderdale, FL. The property is located on Federal Highway with 205’ of frontage and traffic counts over 43,000 cars per day. The property was purchased “off market”, well below replacement cost, offering tremendous upside potential to our partners. Within weeks after that announcement that Carls would be closing their doors for good, we signed a fantastic lease with Haverty’s Furniture, a large publicly held national furniture company. The building is undergoing major renovations in anticipation of the Grand opening of Haverty’s Furntiture.