7155-7159 Pembroke Rd Pembroke Pines, FL 33023
- Lifestyle centers
- 14,000 SF
- 0.29 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 7155-7159 Pembroke Rd
- Year built
- 1965
- Lot size
- 0.29 lot acres
- Property size
- 14,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fully occupied, 13-unit multi-tenant property in Pembroke Pines, Florida. The portfolio comprises three buildings totaling 14,000 square feet of gross area and 13,300 square feet of net rentable space, situated on a 0.29-acre lot. Built in 1965, this mixed-use property includes restaurant, shopping center, and storefront spaces, currently boasting 100% occupancy with thirteen tenants on month-to-month leases. The property's strategic location at the northeast corner of Pembroke Road and SW 72nd Avenue benefits from approximately 65,000 vehicles of daily traffic. The B3 zoning allows for a variety of uses. The asking price is $2,300,000, projecting a pro-forma cap rate of 9.21%. The property offers significant value-add potential through rent increases and lease renewals. Owner financing is available, providing flexibility for qualified buyers. The portfolio includes three buildings, each two stories high, with the property identified by APN numbers 51-41-23-12-0190
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pembroke Pines
- County
- Broward
- State
- Florida
- Longitude
- -80.2305
- Latitude
- 25.995
