Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3668 West Hillsboro Blvd Deerfield Beach, FL 33442

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail opportunity in a community power center with strong anchors.

    Property size:
    15,774 SF
    Lot size:
    15,774 SF

    Property Features for 3668 West Hillsboro Blvd

    General Information

    Standard status
    Active
    Size
    15,774 SF

    We can help!

    Listing Contact
    Danny Diaz
    Danny Diaz
    Source: Cbre

    Listing Agency: CBRE Miami Listing Agent: Danny Diaz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Community Center

    This retail space is located within the Shoppes at Deerfield, a community power center. The center is anchored by Publix, TJ Maxx, Marshalls, Ulta, and YouFit Health Club. Situated at the intersection of Hillsboro Boulevard and Powerline Road, the property benefits from high traffic volume. This location is a dominant retail intersection in northern Broward County, positioned between IH-95 and the Florida Turnpike. The property serves the surrounding communities of Deerfield Beach, Boca Raton, and Coconut Creek, encompassing both northern Broward County and southern Palm Beach County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Sawgras mils, KottonZoo, Century Plaza Shopping Center, Trail Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1394
    Latitude
    26.3141

    Nearby Similar for Lease

    • New
      $1,350 /Mo
      6,516 SF

      Industrial Space in Deerfield Beach

      Industrial spaces for lease, ideal for self-storage & distribution.
      133 SE 4Th St, Deerfield Beach, FL 33441
      View Details
    • $28 SF/Yr
      12,301 SF

      Deerfield Beach Medical/Office Space

      Medical/Office space with high visibility on Federal Highway.
      441 S Federal Hwy, Deerfield Beach, FL 33441
      View Details
    • $30 SF/Yr
      17,772 SF

      Retail Space on Federal Highway

      High-traffic retail space with excellent frontage on Federal Highway.
      447 S Federal Hwy, Deerfield Beach, FL 33441
      View Details
    • $3,895,000
      8,318 SF

      Deerfield Beach Multifamily Investment Opportunity

      Multifamily investment property near the beach in Deerfield Beach.
      1649 SE 4Th St, Deerfield Beach, FL 33441
      View Details
    • $600 /Mo

      Deerfield Beach Commercial Parking Lot

      High-traffic parking lot near Walmart, I-95, and other businesses.
      1197 S Military Trl, Deerfield Beach, FL 33442
      View Details
    • $24 SF/Yr

      Deerfield Beach Industrial/Office Suites

      Industrial and office suites in a gated Deerfield Beach park.
      3500 SW 15Th St, Deerfield Beach, FL 33442
      View Details
    • $19 SF/Yr
      51,125 SF

      Deerfield Beach Office Space Available

      Office building with flexible floor plans and convenient highway access.
      2001 West Sample Rd, Deerfield Beach, FL 33064
      View Details
    • $15 SF/Yr
      7,652 SF

      Deerfield Beach Office Space Available

      Office space for lease with convenient highway and airport access.
      350-356 SW 12Th Ave, Deerfield Beach, FL 33441
      View Details
    • $19 SF/Yr
      4,877 SF

      Deerfield Beach Flex/Industrial/Office Space

      Flex, industrial, and office space available for rent.
      1800 S Powerline Rd, Deerfield Beach, FL 33069
      View Details
    • $15 SF/Yr
      3,595 SF

      Deerfield Beach Office Space Available

      Office space for lease with convenient highway and airport access.
      378-398 SW 12Th Ave, Deerfield Beach, FL 33441
      View Details
    • $15 SF/Yr
      2,100 SF

      Deerfield Beach Office Space Available

      2,100 SF office space for lease immediately.
      450-484 SW 12Th Ave, Deerfield Beach, FL 33441
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunity in a community power center with strong anchors.
    Where is this shopping center located?
    The property is located at 3668 West Hillsboro Blvd Deerfield Beach, FL.
    What are key features of this property?
    This property features: - Anchored by Publix, TJ Maxx, Marshalls, Ulta, and YouFit Health Club, providing **strong customer draw**.; - Located at the heavily traveled intersection of Hillsboro Blvd and Powerline Rd.; - **Dominant retail intersection** for northern Broward County.
    (305) 381-6412
    Request Owner's contact information
    3668 West Hillsboro Blvd Deerfield Beach, FL 33442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3668 West Hillsboro Blvd
    Deerfield Beach, FL 33442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3668 West Hillsboro Blvd Deerfield Beach, FL 33442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Danny Diaz
    Danny Diaz
    Real Estate License ID: 3217684
    (305) 381-6412 (561) 394-2100 (305) 374-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!