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College Plaza 7841-7899 Pines Blvd 98 253 pi² 100% Loué Commerce de détail Immeuble Pembroke Pines, FL 33024 34 091 499 $ CAD (346,98 $ CAD/pi²) 3% Taux de capitalisation
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Faits saillants de l'investissement
- Excellent regional connectivity with access to major South Florida highways and airports, including Fort Lauderdale-Hollywood International Airport
- Prominent retail center situated at a signalized corner with combined traffic counts over 95,000 vehicles per day.
- Located in an affluent trade area with nearly 470,000 residents within five miles and strong average household incomes.
Résumé de l'annonce
College Plaza represents an opportunity to acquire a highly visible multi-tenant retail center in the thriving city of Pembroke Pines, Florida. Situated at the heavily trafficked intersection of Pines Boulevard and North University Drive, the property benefits from combined daily traffic counts exceeding 95,000 vehicles, providing advertisers and retailers with remarkable visibility. The asset spans roughly 8.86 acres and includes ample surface parking of 450 spaces, ensuring convenience and accessibility for shoppers.
Constructed in 1976 and substantially renovated in 2005, this center offers a mix of national and regional tenants including dining, personal services, and specialty retail concepts that serve a dense suburban trade area. Nearby demographics illustrate a compelling investment backdrop, with approximately 470,000 residents within a five-mile radius and average household incomes surpassing $94,000. Pembroke Pines continues to experience growth due to its proximity to Fort Lauderdale, Miami, and key transportation links such as I-75 and Florida’s Turnpike.
This property delivers a significant value-add component, with current occupancy around 41–43%, creating upside potential through lease-up and repositioning strategies. With proforma NOI projections at nearly $1.9 million and cap rates in the mid-7% range, investors can leverage both steady in-place income from existing tenants and long-term growth opportunities through strategic leasing. The center’s location within Broward County’s robust retail corridor further ensures sustained demand and consistent foot traffic.
Constructed in 1976 and substantially renovated in 2005, this center offers a mix of national and regional tenants including dining, personal services, and specialty retail concepts that serve a dense suburban trade area. Nearby demographics illustrate a compelling investment backdrop, with approximately 470,000 residents within a five-mile radius and average household incomes surpassing $94,000. Pembroke Pines continues to experience growth due to its proximity to Fort Lauderdale, Miami, and key transportation links such as I-75 and Florida’s Turnpike.
This property delivers a significant value-add component, with current occupancy around 41–43%, creating upside potential through lease-up and repositioning strategies. With proforma NOI projections at nearly $1.9 million and cap rates in the mid-7% range, investors can leverage both steady in-place income from existing tenants and long-term growth opportunities through strategic leasing. The center’s location within Broward County’s robust retail corridor further ensures sustained demand and consistent foot traffic.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Superette
Taille du bâtiment
98 253 pi²
Classe d’immeuble
B
Année de construction/rénovation
1976/2005
Prix
34 091 499 $ CAD
Prix par pi²
346,98 $ CAD
Taux de capitalisation
3%
Revenu net d’exploitation
1 022 745 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
8,86 AC
Zonage
B-3 - Le zonage B3 permet une combinaison d'utilisations résidentielles et commerciales, y compris +/- 352 logements multifamiliaux, commerces de détail et bureaux.
Stationnement
450 places (4,58 places par 1 000 pi² loué)
Façade
980’ sur Pines Blvd
Commodités
- Visibilité de l'autoroute
- Affichage
- Intersection avec signalisation
Moyennement practicable à pied
60/100
Moyennement facile d'accès en voiture
70/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 51-41-15-05-0030 | Évaluation des bâtiments | 16 737 043 $ CAD |
| Évaluation du terrain | 6 871 345 $ CAD | Évaluation totale | 23 608 388 $ CAD |
Impôts fonciers
Numéro de lot
51-41-15-05-0030
Évaluation du terrain
6 871 345 $ CAD
Évaluation des bâtiments
16 737 043 $ CAD
Évaluation totale
23 608 388 $ CAD
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College Plaza | 7841-7899 Pines Blvd
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