Property summary
This exceptional investment opportunity presents a fee-simple interest in a 58,659-square-foot, single-tenant storefront occupied by CITY Furniture, a leading furniture retailer, located at 11249 Pines Blvd, Pembroke Pines, FL 33026. The property sits on a 5.43-acre lot and boasts a 15-year absolute NNN lease with a 2.0% annual rent increase and four 5-year renewal options, ensuring a stable, long-term income stream. The asking price is $13,350,000, representing a price per square foot of… $227.59 and a 7.25% cap rate. The property features 4 parking spaces per 1,000 square feet and benefits from its prime location on Pines Blvd, a high-traffic retail corridor with significant visibility and proximity to other major retailers. Built in 1994 and renovated in 2016, this top-performing CITY Furniture location (within their top 5) is situated in a high-income demographic area with average household incomes exceeding $143,100 within a 5-mile radius. The property generates a Net Operating Income (NOI) of $967,870. This sale-leaseback transaction offers a passive, growing income stream backed by a strong, established tenant with a significant market presence in Florida. The current occupancy is 100%. This presents a compelling investment opportunity in a thriving South Florida market experiencing significant population growth.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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