AVAILABILITY DETAILS
- Size
- 14,000 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA559064
- Notes
- SVN Commercial Partners, as exclusive advisor, is pleased to present for sale, Pembroke Plaza Portfolio ("the Properties"). This offering consists of two contiguous properties located at 7155–7159 Pembroke Rd (Southern Property) with +/-6,265 SF and 7161 Pembroke Rd (Northern Property) with +/-7,000 SF. Together, the Properties offer a combined gross leasable area of +/-13,265 SF and can be purchased individually or as a portfolio.
Pembroke Plaza Portfolio is fully occupied, with all units leased on a month-to-month basis. This provides an investor with the opportunity to realize substantial income growth immediately by raising rents and enhancing tenancy. Owner financing is available, offering flexibility for qualified buyers.
The Properties are located at the northeast signalized intersection of Pembroke Rd and SW 72nd Ave in Pembroke Pines, Florida, with a combined daily traffic count of approximately 65,000 vehicles. The northern Property features a mixed-use configuration, including four retail/office units on the ground floor and four multifamily units on the second floor. The southern Property consists of five retail/office units. Adjacent to North Perry Airport, which handles 314,000 annual flight operations and generates a $285 million economic impact, the Properties benefit from a steady flow of foot traffic.
Situated within a thriving residential community, the Properties are surrounded by a population of approximately 187,000 people within a 3-mile radius and an average household income of $83,000 within a 1-mile radius. Major retailers and attractions nearby include Sam's Club, Walmart, Lowe's Home Improvement, and Publix.
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Cleveland Sainpreux, SVN | Commercial Partners
BRE# BK3418648