3400 Powerline Rd
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
thank you
Your email has been sent!
3400 Powerline Rd
8,119 SF 100% Leased Retail Building Fort Lauderdale, FL 33309 $2,400,000 ($296/SF) 5.10% Cap Rate
Investment Highlights
- Median household income of $56,718within a three mile radius
- 17 minute drive from Fort Lauderdale-Hollywood International Airport
- Powerline Road has a daily traffic count of 26,764 vehicles
Executive Summary
Are you looking for a great investment opportunity? Don't miss this chance to own a 5 unit retail shopping center that is located right on Powerline Road, one of the busiest streets in the area. This shopping center offers:
• A total building size of approximately 8100 sqft, with each unit being approximately 1620 sqft
• Ample parking space for customers and tenant
• A prime location that attracts lots of cars and pedestrians, with easy access to major highways, public transit, and amenities
This retail shopping center is a rare opportunity to acquire a well-maintained and profitable property that has a high potential for growth and appreciation. The asking price is $2.2 million. Seller financing available.
• A total building size of approximately 8100 sqft, with each unit being approximately 1620 sqft
• Ample parking space for customers and tenant
• A prime location that attracts lots of cars and pedestrians, with easy access to major highways, public transit, and amenities
This retail shopping center is a rare opportunity to acquire a well-maintained and profitable property that has a high potential for growth and appreciation. The asking price is $2.2 million. Seller financing available.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,119 SF
Building Class
C
Year Built
1965
Price
$2,400,000
Price Per SF
$296
Cap Rate
5.10%
NOI
$122,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.43 AC
Zoning
B-1 - NEIGHBORHOOD COMMERCIAL
Parking
24 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-42-22-09-2720 | Improvements Assessment | $692,830 |
| Land Assessment | $148,620 | Total Assessment | $1,018,140 |
PROPERTY TAXES
Parcel Number
49-42-22-09-2720
Land Assessment
$148,620
Improvements Assessment
$692,830
Total Assessment
$1,018,140
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3400 Powerline Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.