Property profile

1602 Cypress Rd Pompano Beach, FL 33060

OFF-MARKET
Lifestyle centers
68,928 SF
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Property summary

AI-generated overview

Pompano Plaza, located at 1602 S Cypress Rd, Pompano Beach, FL 33060, presents a compelling investment opportunity in a thriving retail market. This Class B, two-story shopping center offers a total of 68,928 square feet, with 6,000 square feet currently vacant. Four spaces are immediately available, ranging in size from 950 square feet to 6,000 square feet, providing flexibility for various retail concepts. The center boasts excellent frontage visibility and is situated on a high-traffic corridor, ensuring maximum exposure for tenants. Its open-air design enhances the shopping experience. Pompano Beach's vibrant atmosphere, known for its beaches, marinas, and proximity to Fort Lauderdale, creates a strong customer base. The area's popularity with golfers and divers further contributes to a diverse and active community. This prime location offers businesses the potential for long-term success and significant return on investment. The property is categorized as a multi-tenant shopping center.

Property profile

Verified
Property type Lifestyle centers
Total area 68,928 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Specialty Food Shop Supermarket
  • Hair Salon
  • Hair Salon
  • (Bike/Boat/Book/etc) Store

Location

1602 Cypress Rd Pompano Beach, FL 33060
Pompano Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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