Building Details

Year built 2022

Listing Agency: Florida Brokers Real Estate Show Phone

Listed By: Marcelo Olsak · License #3058500 Show Phone

Added: Jun 30 Changed: Oct 10 Last Checked: Oct 25 at 10:06PM

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MLS# A11891286

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2022, this retail shopping center contains 8,917 square feet across seven retail units on a 0.93-acre site. The property includes hurricane impact windows and 37 parking spaces. All units are leased under triple net arrangements, with current lease terms ranging from 3 to 5 years.

Located at 4250 W Hallandale Beach Blvd in Pembroke Park, the center offers a multi-tenant retail configuration with established occupancy. Tenants are responsible for utilities, interior insurance, permits, and unit build-outs, while CAM covers building insurance, exterior electric, lawn care, and management.

Key Highlights

• 100% leased retail shopping center with triple net lease structure
• Built in 2022 with 8,917 square feet of building area
• Seven retail units on a 0.93‑acre site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$150,779

Cap Rate

3.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,015,580 $3.0M

Cap Rate 7%

$2,153,986 $2.2M

Cap Rate 9%

$1,675,322 $1.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,917 SF

Gross rent

$235.4K $26.40/SF

− Vacancy

−$20.0K −$2.24/SF

EGI

$215.4K $24.16/SF

− OpEx

−$64.6K −$7.25/SF

NOI

$150.8K $16.91/SF

Area

Broward County, FL

Vacancy

8.50%

Lease Rate

$26.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,015,580

Cap Rate 7%

$2,153,986

Cap Rate 9%

$1,675,322

Alternative Uses

Best Use

Retail

$2.15M

$1.88M – $2.51M (±1% cap)

NOI $150,779 @ 7.0% cap · market cap 3.51%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$4.52M

$3.96M – $5.28M (±1% cap)

NOI $316,678 @ 7.0% cap · market cap 7.36%

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

Dr. Lynn Labrousse ... Alternative Medicine Practice EuroHouse Kitchen & Bath Showroom 24k Smoke Shop (Bike/Boat/Book/etc) Store Salame Lash Artistry ... Cosmetic Store body rubs hallandale Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Accounting Firm

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

621

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 33023, FL

66,749

Population

22,450

Households

3

Avg Household Size

38

Median Age

20%

College-Educated

84%

High-School Grad

8.8 sq mi

ZIP Area

7,585

Density / Sq Mi

$70,003

Median Household Income

$35,093

Median Earnings

$1,621

Median Rent

$344,500

Median Home Value

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

Similar Off Market Nearby

• Coin Cloud Bitcoin ATM — 4000 sw 40th ave, west park, fl 33023
• Hollywood Shopping Plaza — 4520 Hallandale Beach Blvd, Pembroke Park, FL 33023
• Park Square Center — 3192 W Hallandale Beach Blvd #5145, Hallandale Beach, FL 33009
• EAST COAST FACILITIES — 5301 SW 25th Ct, West Park, FL 33023
• Wheel Danny — 2599 SW 32 Ave, Pembroke Park, FL 33023

Frequently Asked Questions

What type of property is this?

Shopping center - Seven-unit retail plaza with hurricane impact windows and on-site parking.

Where is this shopping center located?

The property is located at 4250 W Hallandale Beach Blvd Pembroke Park, FL.

What is the asking price?

The asking price for this property is $4,300,000.

What are key features of this property?

This property features: 100% leased retail shopping center with triple net lease structure; Built in 2022 with 8,917 square feet of building area; Seven retail units on a 0.93‑acre site