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Property profile & analytics
FOR LEASE
Retail space

1000 S Powerline Rd Pompano Beach, FL 33069

22,485 SF 2.09 ac lot Built 1992
Entity Owned 8-yr Hold Free & Clear
Property ID
US18-3204023
Property summary
AI-generated overview

Powerline Plaza, a 12,054 square foot shopping center situated on a 1,500-acre lot in Broward County, presents a unique investment opportunity. Currently fully vacant, this multi-tenant property offers a flexible layout with a minimum divisible space of 1,240 square feet and a maximum contiguous space of 12,054 square feet, allowing for a variety of retail configurations. The center is strategically located in the heart of Cypress Bend Condominiums and Palm-Aire, a well-established residential community exceeding 1,500 acres, ensuring a substantial built-in customer base. Its prime location offers easy access to major thoroughfares, placing it within minutes of Fort Lauderdale, Boca Raton, and the area's beautiful beaches. Powerline Road, a major north/south artery in northern Broward County, provides exceptional visibility and high traffic volume, guaranteeing significant exposure for tenants. This fully vacant property presents a blank canvas for a developer or investor seeking to establish a thriving retail destination in a high-demand location. The substantial lot size also offers potential for future expansion or development. This is an exceptional opportunity to capitalize on the strong demographics and convenient location of this Broward County retail center.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction CONCRETE
Total area 22,485 SF
Lot 2.09 ac (91,180 SF)
Zoning code B-2
APN 49-42-03-08-0050
UPID US18-3204023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ora Smoke and Vape Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Get Right Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
  • Serenity by the Sea Clubhouse Medical Clinic
  • Amazon Hub Counter - Get Right Beauty Supply Courier Service Postal Service
  • 10$ cuts Mistress of the Blade Barbershop LLC. Cutting hair into Submission Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.60M
Blend (final) Blend
$3.78M
Owner & transaction history
Powerline Plaza LLC · 8 yrs held
Powerline Plaza LLC
since 2018
3 recorded transactions
2018
Price N/A
2018
$1.2M
1969
Price N/A
Zoning & alternative use
B-2 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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