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Retail | Single Tenant Net Lease 633 W Pembroke Rd 8,254 SF Retail Building Hallandale Beach, FL 33009 $4,888,570 CAD ($592.27 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Traffic Count: 35,000 AADT
- Year Built: 2015
Executive Summary
APEX Capital Realty is excited to offer an exclusive opportunity to acquire a single tenant net lease (STNL) property encompassing an entire city block along a prominent thoroughfare East of I-95 in Hallandale Beach, FL. Positioned in Hallandale Beach, a burgeoning sub-market nestled between Aventura and Hollywood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,254 SF
Building Class
C
Year Built
2015
Price
$4,888,570 CAD
Price Per SF
$592.27 CAD
Cap Rate
5.25%
NOI
$256,650 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.77 AC
Zoning
West RAC - (Regional Activity Center)
Frontage
237’ on State Highway 824
Amenities
- Bus Line
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-42-21-02-0710 | Improvements Assessment | $3,034,857 CAD |
| Land Assessment | $457,337 CAD | Total Assessment | $3,492,194 CAD |
Property Taxes
Parcel Number
51-42-21-02-0710
Land Assessment
$457,337 CAD
Improvements Assessment
$3,034,857 CAD
Total Assessment
$3,492,194 CAD
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Retail | Single Tenant Net Lease | 633 W Pembroke Rd
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