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520-580 S. Federal Highway 520-580 S Federal Hwy 4,909 SF 76% Leased Retail Building Pompano Beach, FL 33062 $6,221,250 CAD ($1,267.32 CAD/SF) 3.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 230' US1 Frontage

EXECUTIVE SUMMARY

Prime eastside location in the quickly changing Pompano Beach market provides an ideal location for redevelopment or for an owner-user.
These contiguous parcels feature three B-3 US1 frontage lots totaling 17,991 SF and one 11,000 SF RM-20 site. The 2 buildings (3,229 SF and 1,680 SF) are occupied by 4 active tenants. B-3 zoning has a multitude of uses such as medical, auto sales, boat sales, gas station, mixed use etc.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,909 SF
Building Class
B
Year Built
1955
Price
$6,221,250 CAD
Price Per SF
$1,267.32 CAD
Cap Rate
3.66%
NOI
$227,698 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.26 AC
Zoning
B-3, RM-20 - See Attached information
Parking
15 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
130’ on S Federal Hwy

AMENITIES

  • Dedicated Turn Lane
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
Wells Fargo
Checkers Old Munchen
Houston's
StorageMart
TD Bank
BankUnited
City National Bank of Florida
YouFit Gyms
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-43-06-09-0021
  • 49-43-06-09-0010
  • 49-43-06-09-0030
  • 49-43-06-07-0080
Land Assessment
$784,458 CAD
Improvements Assessment
$996,879 CAD
Total Assessment
$1,781,337 CAD
  • Listing ID: 34616435

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 520-580 S Federal Hwy, Pompano Beach, FL 33062

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