Retail | Single Tenant Net Lease | 633 W Pembroke Rd
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Retail | Single Tenant Net Lease 633 W Pembroke Rd
8,254 SF Retail Building Hallandale Beach, FL 33009 $3,675,000 ($445/SF) 5.10% Cap Rate
Investment Highlights
- Traffic Count: 35,000 AADT
- Year Built: 2015
Executive Summary
APEX Capital Realty is excited to offer an exclusive opportunity to acquire a single tenant net lease (STNL) property encompassing an entire city block along a prominent thoroughfare East of I-95 in Hallandale Beach, FL. Positioned in Hallandale Beach, a burgeoning sub-market nestled between Aventura and Hollywood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,254 SF
Building Class
C
Year Built
2015
Price
$3,675,000
Price Per SF
$445
Cap Rate
5.10%
NOI
$187,425
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.77 AC
Zoning
West RAC - (Regional Activity Center)
Frontage
237 FT on State Highway 824
Amenities
- Bus Line
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 51-42-21-02-0710 | Improvements Assessment | $2,004,690 |
| Land Assessment | $333,540 | Total Assessment | $2,338,230 |
PROPERTY TAXES
Parcel Number
51-42-21-02-0710
Land Assessment
$333,540
Improvements Assessment
$2,004,690
Total Assessment
$2,338,230
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Retail | Single Tenant Net Lease | 633 W Pembroke Rd
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