11429 Pines Blvd
Pembroke Pines, FL 33026
Pollo Tropical | 15yr Abs NNN | Mall Pad · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Lease | Corporate Guaranteed Lease | Scheduled 10% Rental Increases | Options to Extend | Strong Store Sales
- Located In Main Retail Corridor | Pad to Pembroke Lakes Mall (1.13M SF of Retail Space) | Prominent National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In Dense 5-mile Trade Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,832 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Zoning
(B-3) - Commercial
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Drive Thru
ABOUT 11429 PINES BLVD , PEMBROKE PINES, FL 33026
• The subject property is located directly along Pines Boulevard with over 54,000 VPD, the primary retail corridor in the area with all major retailers in a 3-mile radius of the site • Pollo Tropical is strategically located as a pad to a the Pembroke Lakes Mall, a 1.13M SF enclosed mall with 152 stores, and anchored by Macy’s, JCPenney, Sears, and Dillard’s • Dense retail trade area with nearby national/credit tenants include 24-Hour Walmart Supercenter, Target, The Home Depot, Ross Dress for Less, Trader Joe’s, ALDI, HomeGooods, & many more • Strong tenant synergy promotes crossover shopping to the subject property
PROPERTY TAXES
| Parcel Number | 51-40-13-13-0015 | Improvements Assessment | $943,070 |
| Land Assessment | $784,100 | Total Assessment | $1,727,170 |
