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Investment Highlights

  • Exceptional triple net investment opportunity
  • Hurricane impact windows
  • Minutes from Hallandale Beach

Executive Summary

Property Overview
Presenting an 100% Fully Leased Triple Net investment opportunity with this strategically located retail plaza, built in 2022, in the heart of Pembroke Park. Perfect for investors or business owners seeking a high-traffic, high-visibility property with strong income potential. Perfect space for retail, office, medial, restaurant, and more. Features hurricane impact windows and 37 parking spaces. Tenants responsible for all utilities, interior insurance, permits, and necessary build-outs inside the unit. CAM covers building insurance, exterior electric, lawn care, and management fee. All current leases are on 3-5 year contracts and approximately $23/sq ft + $1432 CAM + Tax.
Key Features:
Total Land Area: sq. ft.
Building Size: 8,917 sq. ft.
Number of Units: 7 retail units
Current Occupancy: 100%
Annual Gross Income: $239213.04
Cap Rate: 5.56%
Property Highlights:
Prime Location: On main street with excellent visibility and heavy traffic (Hallandale Beach Blvd). Proximity to all types of amenities.
Diverse Tenants: A mix of established and high-traffic retail businesses, including beauty space, furniture store, smoke shop, electronic store, etc.
Modern Amenities: Each unit features an open layout, hurricane impact windows, air conditioning, bathroom, ample parking, etc.
Investment Potential: Attractive cap rate and potential for rental increases.
Additional Information:
Zoning: B-1
Year Built: 2022
Parking: 37 spaces
Additional Uses: Potential for redevelopment or expansion based on zoning regulations.
For More Information:
Contact Nicolas Olsak at 5616675809 or at nico@florida-brokers.com for detailed information and to schedule a viewing.
Don’t miss out on this prime investment opportunity!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,917 SF
Building Class
B
Year Built
2022
Price
$5,850,193 CAD
Price Per SF
$656.07 CAD
Cap Rate
5.56%
NOI
$325,452 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.83 AC
Zoning
B-1 - General Business
Parking
37 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
100’ on W Hallandale Beach

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • unit 1
  • 1,971 SF
  • Retail
  • -
  • Now

IDEAL LOCATION ON MAIN STREET WITH HEAVY TRAFFIC - HALLANDALE BEACH BLVD, WEST OF I-95. PROXIMITY TO ALL TYPES OF AMENITIES. OPEN FLOOR PLAN WITH VERSATILE LAYOUT!!! IT IS SHOPPING PLAZA WITH 8,917 SQFT ON HALLANDALE BLVD. THIS 7 RETAIL SPACE STRIP MALL WAS COMPLETED IN DECEMBER 2021, FEATURING HURRICANE IMPACT WINDOWS. AVAILABLE UNIT: #1 WITH 1971 SQFT WITH 2 BATHROOMS, 2 SEPARATE FRONT AND BACK DOORS. 3-6 YEAR LEASE @ $23/SQFT + $1432 CAM + TAX. TENANT IS RESPONSIBLE FOR ALL UTILITIES AND INTERIOR INSURANCE, PERMITS AND NECESSARY BUILD-OUTS INSIDE THE UNIT. CAM COVERS BUILDING INSURANCE, EXTERIOR ELECTRIC, LAWN CARE & MANAGEMENT FEE.

Space Size Space Use Position Available
unit 1 1,971 SF Retail - Now

unit 1

Size
1,971 SF
Space Use
Retail
Position
-
Available
Now

unit 1

Size 1,971 SF
Space Use Retail
Position -
Available Now

IDEAL LOCATION ON MAIN STREET WITH HEAVY TRAFFIC - HALLANDALE BEACH BLVD, WEST OF I-95. PROXIMITY TO ALL TYPES OF AMENITIES. OPEN FLOOR PLAN WITH VERSATILE LAYOUT!!! IT IS SHOPPING PLAZA WITH 8,917 SQFT ON HALLANDALE BLVD. THIS 7 RETAIL SPACE STRIP MALL WAS COMPLETED IN DECEMBER 2021, FEATURING HURRICANE IMPACT WINDOWS. AVAILABLE UNIT: #1 WITH 1971 SQFT WITH 2 BATHROOMS, 2 SEPARATE FRONT AND BACK DOORS. 3-6 YEAR LEASE @ $23/SQFT + $1432 CAM + TAX. TENANT IS RESPONSIBLE FOR ALL UTILITIES AND INTERIOR INSURANCE, PERMITS AND NECESSARY BUILD-OUTS INSIDE THE UNIT. CAM COVERS BUILDING INSURANCE, EXTERIOR ELECTRIC, LAWN CARE & MANAGEMENT FEE.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Checkers
Bravo Supermarkets
Giant

Property Taxes

Property Taxes

Parcel Number
51-42-30-09-0590
Land Assessment
$914,063 CAD
Improvements Assessment
$1,419,265 CAD
Total Assessment
$2,333,329 CAD
  • Listing ID: 32959709

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 4250 W Hallandale Beach Blvd, Pembroke Park, FL 33023

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