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Renovated Strip Retail Center
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1301-1325 S Powerline Road, Pompano Beach, FL 33069

Flexible storefronts include an outparcel equipped with a grease trap for food-service use.

Property Size17,268 SF
Price / SF$0.00
Days on Market4

Property Features for 1301-1325 S Powerline Road

General Information

Standard status Active
Size 17,268 SF
Property subtype Retail
Zoning B-3

Site & Location

Traffic Count 41,800 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Grease Trap Yes

Amenities

grease trap

Building Details

Year Built 1976
Listing Agency: Compass Florida, LLC
Listed By: Micael Machado · License #3294570
Source: Lehmannflorida
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 4:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

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Investment Insights

Based on property information with market context.

This renovated strip retail center has spaces ranging from approximately 922 SF to 3000 SF. An outparcel is fitted with a new grease trap. B-3 zoning permits retail, service, medical, and office uses, as well as other uses allowed under that designation.

The property fronts S Powerline Road in Pompano Beach, with reported traffic of approximately 41,800 vehicles per day. It sits between Commercial Boulevard and Atlantic Boulevard, with access to I-95 and Florida’s Turnpike. Multiple access points serve the center, and the surrounding area includes national retailers and a dense residential population.

Key Highlights

  • Retail spaces range from approximately 922 SF to 3000 SF
  • B‑3 zoning allows retail, service, medical, and office uses
  • Outparcel has a brand‑new grease trap

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$419,488
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,389,760 $8.4M
Cap Rate 7%
$5,992,686 $6.0M
Cap Rate 9%
$4,660,978 $4.7M
Market Conditions
NOI Build-Up for 17,268 SF
Gross rent
$621.6K $36.00/SF
− Vacancy
−$22.4K −$1.30/SF
EGI
$599.3K $34.70/SF
− OpEx
−$179.8K −$10.41/SF
NOI
$419.5K $24.29/SF
Area
Pompano Beach, FL
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,389,760
Cap Rate 7%
$5,992,686
Cap Rate 9%
$4,660,978

Alternative Uses

Best Use
Retail
$5.99M
$5.24M – $6.99M (±1% cap)
NOI $419,488 @ 7.0% cap · market cap 1,747,866.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.73M
$5.89M – $7.86M (±1% cap)
NOI $471,416 @ 7.0% cap · market cap 1,964,233.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

41,800 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

1,524
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Exxon Shops & Services
7,666 visits/mo 0.2 miles
Dunkin' Donuts Dining
7,208 visits/mo 0.1 miles
7-Eleven Shops & Services
1,989 visits/mo 0.3 miles
Mobil Shops & Services
1,297 visits/mo 0.2 miles

Demographics for 33069, FL

28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Flexible storefronts include an outparcel equipped with a grease trap for food-service use.
Where is this strip mall located?
The property is located at 1301-1325 S Powerline Road Pompano Beach, FL.
What are key features of this property?
This property features: Retail spaces range from approximately 922 SF to 3000 SF; B‑3 zoning allows retail, service, medical, and office uses; Outparcel has a brand‑new grease trap
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