Shopping Center with Restaurant
New
For Sale
Contact for pricing
1301 S Powerline Rd, Pompano Beach, FL 33069
B-3 zoning supports retail, service, medical, and office uses.
Property Size3,000 SF
Price / SF$0.01
Days on Market5
Property Features for 1301 S Powerline Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Zoning
B-3
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Lot Size Square Feet: 117025
Total Taxes: $32,705, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Built in 1976, Community Parking
Construction Type: Masonry - Concrete Block
Sprinklers
Building Details
Year Built
1976
Listing Agency:
Compass Florida, LLC
Listed By:
Micael Machado · License #3294570
(305) 697-5402
Source:
Doyle-realty
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 25 at 2:34AM
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 shopping center in Pompano Beach was built in 1976 and has been renovated. Flexible spaces range from approximately 922 SF to 3000 SF, and an outparcel has a new grease trap. The B-3 zoning allows retail, service, medical, and office uses.
The property fronts S Powerline Rd, with 41,800 VPD, and offers multiple access points and on-site parking. It sits between Commercial Blvd and Atlantic Blvd, with access to I-95 and Florida’s Turnpike. National retailers and a dense residential population are nearby.
The property fronts S Powerline Rd, with 41,800 VPD, and offers multiple access points and on-site parking. It sits between Commercial Blvd and Atlantic Blvd, with access to I-95 and Florida’s Turnpike. National retailers and a dense residential population are nearby.
Key Highlights
- Renovated shopping center built in 1976
- Available spaces range from approximately 922 SF to 3000 SF
- Outparcel includes a new grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,878
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,560
$1.5M
Cap Rate 7%
$1,041,114
$1.0M
Cap Rate 9%
$809,756
$809.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$108.0K $36.00/SF
− Vacancy
−$3.9K −$1.30/SF
EGI
$104.1K $34.70/SF
− OpEx
−$31.2K −$10.41/SF
NOI
$72.9K $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%
$1,457,560
Cap Rate 7%
$1,041,114
Cap Rate 9%
$809,756
Alternative Uses
Best Use
Retail
$1.04M
$911.0K – $1.21M
NOI $72,878 @ 7.0% cap · market cap 303,658.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.37M
NOI $81,900 @ 7.0% cap · market cap 341,250.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,524
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Shoppes Of Corporate Park — 6304 Powerline Rd, Fort Lauderdale, FL 33309
- Cypress Creek Station — 6325 N Andrews Ave, Fort Lauderdale, FL 33309
- Parkway Plaza — 1280 Powerline Rd #4, Pompano Beach, FL 33069
Frequently Asked Questions
What type of property is this?
Shopping center - B-3 zoning supports retail, service, medical, and office uses.
Where is this shopping center located?
The property is located at 1301 S Powerline Rd Pompano Beach, FL.
What are key features of this property?
This property features: Renovated shopping center built in 1976; Available spaces range from approximately 922 SF to 3000 SF; Outparcel includes a new grease trap
