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    7118 Nob Hill Rd Tamarac, FL 33321

    Sponsored
    For Sale
    Contact for pricing

    Prime Tamarac retail space available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    Point Plaza, located at 7118 N Nob Hill Road in Tamarac, Florida, presents a compelling investment opportunity. This 3.45-acre retail center boasts a diverse tenant mix including retail stores, medical offices, restaurants, a convenience store, and professional offices, currently housing fourteen tenants. Multiple suites are available for lease, offering flexible space options to suit various business needs. Specifically, Suite 7170 offers 2,300 square feet, Suite 7158 provides 1,166 square feet, Suite 7144 encompasses 912 square feet, and Suite 7132 offers 1,166 square feet. Additionally, Suites 7130 (1,165 sq ft) and 7132 can be combined to create a larger 2,331 square foot space. The lease rate is competitively priced at $22.00 per square foot, with additional net, net, net (NNN) costs of $7.85 per square foot. A minimum three-year lease term is required by the landlord. This property offers excellent visibility and accessibility within a thriving Tamarac commercial corridor, making it an ideal investment for discerning buyers seeking a strong return on investment in a well-established retail center. The diverse tenant mix ensures a stable income stream, and the available spaces provide opportunities for expansion or new business ventures. This is a rare opportunity to acquire a well-positioned retail property in a high-demand location.

    Property Features for 7118 Nob Hill Rd

    General Information

    Property type
    Retail properties
    Lot Size
    150,282 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Kare Cleaners Dry Cleaner Linx Dry Cleaners Dry Cleaner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tamarac
    County
    Broward
    State
    Florida
    Longitude
    -80.28493
    Latitude
    26.21149

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    FAQs

    What type of property is this?
    Retail property - Prime Tamarac retail space available.
    Where is this retail property located?
    The property is located at 7118 Nob Hill Rd Tamarac, FL.
    What is the asking price?
    The asking price for this property is $22.
    (561) 405-4960
    Request Owner's contact information
    7118 Nob Hill Rd Tamarac, FL 33321
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    Tamarac, FL 33321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7118 Nob Hill Rd Tamarac, FL 33321
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