633 Pembroke Rd Hallandale Beach, FL 33009
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Prime single-tenant retail, high cap rate.
Property size:
8,254 SFProperty Features for 633 Pembroke Rd
General Information
- Property type
- Individual retail properties
- Square Feet
- 8,254 SF
Building Details
- Year Built
- 2015
- Buildings
- 1
- Units
- 1
Listing Agency: apex capital realty llc Listing Agent: Miguel Pinto
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 8,254 square foot freestanding retail building situated on a 33,354 square foot lot in Hallandale Beach, Florida. The property, located at 633 Pembroke Rd, 33009, is currently 100% occupied by a Family Dollar under a Net Lease agreement with 5 years remaining. The building, constructed in 2015, boasts a strong Net Operating Income (NOI) of $206,350, yielding an attractive 5.17% capitalization rate. The property is zoned West RAC (Regional Activity Center), offering potential for future development opportunities. This single-tenant, single-building property represents a compelling investment in a thriving Broward County location, east of I-95. The nearly one-acre site presents significant potential for redevelopment with increased density under the Live Local Act. This is a rare chance to acquire a high-performing asset in a rapidly growing South Florida market. The asking price for this exceptional property is $3,675,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Freestanding property
Location Insight
- Map
- Local Demand
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.156641244745
- Latitude
- 25.99627959372
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FAQs
What type of property is this?
Individual retail property - Prime single-tenant retail, high cap rate.
Where is this individual retail property located?
The property is located at 633 Pembroke Rd Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: 8,254 SF freestanding retail building on a 33,354 SF lot in Hallandale Beach, FL.; 100% occupied by Family Dollar under a 5-year Net Lease.; Strong NOI of $206,350 and a 5.17% cap rate.
