This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

NNN Retail Investment 1801-1805 E Sample Rd

8,368 SF 100% Leased Retail Building Pompano Beach, FL 33064 $2,500,000 ($299/SF) 7.20% Cap Rate

Investment Highlights

  • 100 % Occupied
  • NNN Lease Agreement
  • Hard Corner
  • 4 Tenants
  • Parking lot: 35+ spaces

Executive Summary

This investment opportunity features a two (2) story Retail Building (8,368 Sqft of bldg) with 4 Tenants 100% occupied (Barbershop, Psychic, Philly Cheese Steaks, and Hookah Lounge) all on NNN lease agreements. Philly Cheese Steaks has been an iconic restaurant in the neighborhood. A diverse mix of retail tenants represents below current market lease rates with strong potential to increase rates/income for the future. Parking lot directly behind the featured property. Currently being used as a parking lot that is approximately 35+ cars that park daily. Excellent access & parking for tenants/clients.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,368 SF
Building Class
C
Year Built
1959
Price
$2,500,000
Price Per SF
$299
Cap Rate
7.20%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.47 AC
Zoning
B3 - General Business
Parking
35 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
79 FT on E Sample Rd

Amenities

  • Corner Lot
Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

YouFit Gyms
Outback Steakhouse
Flagstar Bank N.A.
TD Bank
Dental Spa
Publix
Orangetheory Fitness
Whole Foods
Boston Market
BankUnited

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 48-43-18-01-0260
  • 48-43-18-01-0630
Land Assessment
$266,210
Improvements Assessment
$808,670
Total Assessment
$1,074,880
  • Listing ID: 32919950

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 1801-1805 E Sample Rd, Pompano Beach, FL 33064

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}