Triple-Net Retail Plaza with
4250 W Hallandale Beach Blvd Pembroke Park, FL 33023
For Sale
$4,300,000
SINGLE_FAMILY - Pembroke Park, FL
Property Size8,917 SF
Lot Size0.93 Acres
Price / SF$482.22
Days on Market30
Property Features for 4250 W Hallandale Beach Blvd
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 37
- Standard status
- Active
- APN
- 514230090590
- Lot size
- 0.93 Acres
Taxes and HOA fees
- Tax Description
- LAKE FOREST SEC 4 RESUB POR 43-45 B LOT 9 W 10,9A W 10,10,10A,11, 11A,12,12A,13 E 55,13A E 55 BLK 50, LESS N 10 OF W 10 OF SAID LOT 9, LESS
- Tax Annual Amount
- 36488
Building Details
- Year built
- 2022
Listing Agency:
Florida Brokers Real Estate
(954) 640-9111
Listed By:
Marcelo Olsak · License #3058500
(954) 338-8919
Added: Jun 24
Changed: Jun 30
Last Checked: Jul 23 at 2:06PM
MLS# A11891286
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2022, this triple-net retail plaza offers 7 retail units totaling 8,917 square feet. The property features hurricane impact windows and provides 37 parking spaces for customer access. It is currently 100% leased under existing tenant agreements.
Located at 4250 W Hallandale Beach Blvd, Pembroke Park, FL 33023, the center is managed as an NNN investment. Tenant responsibilities include all utilities, interior insurance, permits, and any necessary build-outs inside the leased unit. CAM covers building insurance, exterior electric, lawn care, and the management fee.
Current leases are described as 3-5 year contracts, with rents noted at approximately $23 per square foot plus $1,432 CAM and tax. The offering is presented as suitable for retail and related commercial uses, including office, medical, and restaurant, subject to tenant build-out requirements. For buyers or operators seeking a diversified, newer single-site retail structure on a triple-net basis, this fully leased property provides an income stream supported by the stated operating terms and tenant responsibilities.
Located at 4250 W Hallandale Beach Blvd, Pembroke Park, FL 33023, the center is managed as an NNN investment. Tenant responsibilities include all utilities, interior insurance, permits, and any necessary build-outs inside the leased unit. CAM covers building insurance, exterior electric, lawn care, and the management fee.
Current leases are described as 3-5 year contracts, with rents noted at approximately $23 per square foot plus $1,432 CAM and tax. The offering is presented as suitable for retail and related commercial uses, including office, medical, and restaurant, subject to tenant build-out requirements. For buyers or operators seeking a diversified, newer single-site retail structure on a triple-net basis, this fully leased property provides an income stream supported by the stated operating terms and tenant responsibilities.
Key Highlights
- Built in 2022, 100% leased triple‑net retail plaza totaling 8,917 sq. ft. with 7 retail units.
- Retail/office flexibility: space suitable for retail, office, medical, restaurant, and other uses.
- Hurricane impact windows and 37 parking spaces for tenants and visitors.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $235.4k | $26.40 |
| − Vacancy | −$20.0k | −$2.24 |
| EGI | $215.4k | $24.16 |
| − OpEx | −$64.6k | −$7.25 |
| NOI | $150.8k | $16.91 |
8,917 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.15M
$1.88M – $2.51M
NOI $150,779 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.96M – $5.28M
NOI $316,678 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Shopping center - Newer, fully leased triple-net retail plaza with hurricane impact windows and 37 parking spaces.
Where is this shopping center located?
The property is located at 4250 W Hallandale Beach Blvd Pembroke Park, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Built in 2022, 100% leased triple‑net retail plaza totaling 8,917 sq. ft. with 7 retail units.; Retail/office flexibility: space suitable for retail, office, medical, restaurant, and other uses.; Hurricane impact windows and 37 parking spaces for tenants and visitors.
