1409 E Atlantic Blvd
Pompano Beach, FL 33060

The subject investment property is situated on East Atlantic boulevard, which boasts average daily traffic counts exceeding 51,000 vehicles respectively. Hillside Avenue intersects with Federal Highway, which brings an additional 47,500 vehicles into the immediate area on average daily. There are more than 105,929 individuals residing within a three-mile radius of the property and more than 245,108 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, and universities all within close proximity of this property. Major national tenants include: Publix, Walgreens, CVS Pharmacy, 7-Eleven, Wells Fargo, Wendy’s, Bank of America, Chase Bank, and Dunkin’ Donuts among various others. This Truist Bank also benefits from being situated within a five-mile radius of several academic institutions. The most notable is Keiser University, which has a total enrollment exceeding 18,000 students. Broward Health Imperial Point, a 204-bed, nationally ranked, general medical, surgical and teaching facility, is located less than three miles from the subject property. Fort Lauderdale-Hollywood International Airport (FLL), the 21st busiest airport in the United States and 4th busies airport in Florida serves over 14,263,270 passengers annually and is located less than sixteen miles from this Truist Bank. Pompano Beach is a city in Broward County, Florida, along the coast of the Atlantic Ocean, north of Fort Lauderdale. It is a principal city of the Miami metropolitan area, which had an estimated population of 6,012,331 at the 2015 census. Pompano Beach is currently in the middle of a redevelopment process to revitalize its beachfront and historic downtown. The city has also been listed as one of the top real estate markets, being featured in CNN Money and The Wall Street Journal as one of the country's top vacation home markets. Pompano Beach Airpark, located within the city, is the home of the Goodyear Blimp Spirit of Innovation. In recent years, efforts to rejuvenate areas near the city's beach have gained momentum and stimulated a multibillion-dollar building boom. Community redevelopment agencies were established for the East Atlantic/Beach corridor, as well as for the old downtown and Hammondville/Martin Luther King Jr. corridor. Pompano Beach holds several annual cultural events including the Pompano Beach Seafood Festival, St. Patrick's Irish Festival, St. Coleman's Italian Festival, the Pompano Beach Holiday Boat Parade, The Holiday Yuletide Parade and the Annual Nautical Flea Market at Pompano Community Park & Amphitheater. The Ely Educational Museum, Meridian Gallery, and Pompano Beach Art Gallery are located in the city. Two theatres in the area include Curtain Call Playhouse and Poet Productions. There are two malls in Pompano Beach. The first is Festival Flea Market Mall, which houses booths and kiosks selling jewelry, electronics, and clothing. The other, Pompano Citi Centre, is an open-air mall.