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New Retail Spaces For Lease
For Lease
$32 SF/Yr NNN

5701 Pembroke Rd, Hollywood, FL 33023

New commercial spaces in high-traffic Hollywood shopping center.

Space SizeContact for details
Days on Market199

Property Features for 5701 Pembroke Rd

General Information

Standard status Active
Listing Agency: Miami Business Brokers
Listed By: Monica Rojas · License #A11921497
Source: Exprealty
Added: Jan 26 Changed: Aug 8 Last Checked: Jul 21 at 12:54PM

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 Miami Business Brokers

Investment Insights

Based on property information with market context.

Nine newly built commercial spaces are available for lease. Each space offers approximately 555 square feet of customizable vanilla-shell space under an NNN lease structure. The spaces are located at 5701 Plaza, a newly developed shopping center on Hollywood’s main avenue, near Home Depot and major highways. These units offer visibility and exposure to potential customers. The project is currently under construction, and space configurations can be adjusted to meet business requirements. The location benefits from high daily foot traffic, accessibility, and a commercial presence in Hollywood. The expected delivery date is the 3rd quarter of 2026.

Key Highlights

  • Prime location on Hollywood's main avenue in a newly developed shopping center.
  • High visibility and exposure to high daily foot traffic.
  • Customizable vanilla‑shell spaces (approximately 555 sq. ft.) to meet specific business needs.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Tattoo & Piercing Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,176
Businesses Nearby

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

Lease Benchmarks for Hollywood, FL

$36.1 /SF/Yr
Avg Asking Price
$22.46–$58 /SF/Yr
Price Range
20,033 SF
Avg Space Size

This space is priced 11% below the average of $36.1 /SF/Yr.

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - New commercial spaces in high-traffic Hollywood shopping center.
Where is this retail space located?
The property is located at 5701 Pembroke Rd Hollywood, FL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Prime location on Hollywood's main avenue in a newly developed shopping center.; High visibility and exposure to high daily foot traffic.; Customizable vanilla‑shell spaces (approximately 555 sq. ft.) to meet specific business needs.
More about this property
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