Sheridan Shoppes Retail
For Sale
Contact for pricing
Pending
15661 Sheridan St, Davie, FL 33331
Prime retail space in Davie near major anchors.
Property Size5,417 SF
Days on Market188
Property Features for 15661 Sheridan St
General Information
Standard status
Pending
Size
5,417 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$43,184
Building Details
Building Size
5,417 SF
Year Built
2006
Stories
1
Listing Agency:
Compass Florida, LLC
Listed By:
Audrey Ross · License #3391913
(305) 661-4003
Source:
Elliman
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 26 at 6:24PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail/commercial/medical space offers a leasing opportunity with 3,000 square feet of contiguous space at the Sheridan Shoppes of Davie. The self-standing outparcel provides visibility from Sheridan Street and I-75. Located alongside anchor tenants such as Cinemark, Publix, and Bank of America, the space is suitable for a medical tenant to complement the existing Oral Surgeon. The property includes parking for clients and staff. Its location ensures high traffic, making it suitable for businesses seeking exposure in a busy retail hub. All types of tenants will be considered. The bike score is 39, indicating it is somewhat bikeable. The walk score is 43, indicating car-dependent accessibility. The transit score is 17, indicating minimal transit options.
Key Highlights
- Prime location with high visibility from Sheridan Street and I‑75.
- Located in the Sheridan Shoppes of Davie alongside anchor tenants Cinemark, Publix, and Bank of America.
- Ideal for a Medical Tenant, especially complementary to the existing Oral Surgeon.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,471
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,420
$669.4K
Cap Rate 7%
$478,157
$478.2K
Cap Rate 9%
$371,900
$371.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$50.8K $16.92/SF
− Vacancy
−$2.9K −$0.98/SF
EGI
$47.8K $15.94/SF
− OpEx
−$14.3K −$4.78/SF
NOI
$33.5K $11.16/SF
Area
Davie, FL
Vacancy
5.80%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,420
Cap Rate 7%
$478,157
Cap Rate 9%
$371,900
Alternative Uses
Best Use
Retail
$478.2K
$418.4K – $557.9K
NOI $33,471 @ 7.0% cap · market cap 74,380.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$568.8K
$497.7K – $663.6K
NOI $39,815 @ 7.0% cap · market cap 88,477.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
274k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 30%
Dining 26%
Groceries 17%
Home Improvements & Furnishings 14%
Cinemark Paradise 24 and XD
Leisure
82,385 visits/mo
0.1 miles
Publix
Groceries
44,841 visits/mo
0.1 miles
McDonald's
Dining
40,364 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
35,504 visits/mo
0.3 miles
Shell
Shops & Services
24,501 visits/mo
0.3 miles
Demographics for 33331, FL
23,016
Population
7,898
Households
2.9
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
1,951
Density / Sq Mi
$142,464
Median Household Income
$65,954
Median Earnings
$2,849
Median Rent
$666,900
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
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in Davie near major anchors.
Where is this retail space located?
The property is located at 15661 Sheridan St Davie, FL.
What are key features of this property?
This property features: Prime location with high visibility from Sheridan Street and I‑75.; Located in the Sheridan Shoppes of Davie alongside anchor tenants Cinemark, Publix, and Bank of America.; Ideal for a Medical Tenant, especially complementary to the existing Oral Surgeon.
