AVAILABILITY DETAILS
- Size
- 13,265 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA554060
- Notes
- SVN Commercial Partners, as exclusive advisors, is pleased to present for sale The Pembroke Mixed Use Center ("the Property"), a strategically located +/- 13,265 square foot property situated at the northeast corner of Pembroke Rd and SW 72nd Ave in Pembroke Pines, Florida.
Benefiting from a combined daily traffic count of approximately 65,000 vehicles, this Property offers a unique blend of retail and residential spaces.
The two portfolio properties are available for purchase individually or as a package. 7155–7159 Pembroke Rd is priced at $1,310,000 and includes five retail units. 7161 Pembroke Rd is priced at $990,000 and features a mixed-use layout with four retail/office units on the ground floor and four residential units on the second floor. All units are currently leased on a month-to-month basis at significantly below-market rates, offering a substantial opportunity for rental growth. These properties present an immediate potential for increased revenue and long-term value.
The Pembroke Mixed-Use Center is surrounded by a thriving residential community with a population of approximately 187,000 people within a 3-mile radius. The average household income within a one-mile radius is $83,000. Major retailers and attractions nearby include Sam's Club, Walmart, Lowe's Home Improvement, and Publix.
The Property's is in close proximity to major transportation arteries, including the Florida Turnpike and University Dr. Additionally, its adjacency to North Perry Airport, a facility with 314,000 annual flight operations and a $285 million economic impact, provides a steady stream of foot traffic and potential tenants.
Owner financing is available, offering flexible terms for qualified buyers. The Property is a well-positioned asset with strong upside potential in a market characterized by high demand and limited supply.
- 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