1197 S Military Trl, Deerfield Beach, FL 33442
For Lease
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This 3,093 square foot vacant building presents a prime redevelopment opportunity in Deerfield Beach, Florida. Situated on a 1.34-acre lot, this single-story structure boasts a highly visible location on S Military Trail, between Palm Trails Plaza and Sawgrass Promenade. The property benefits from exceptional daily traffic counts (approximately 29,000 vehicles on S Military Trail and 73,200 at the nearby intersection of S Military Trail and SW 10th Street). Its Business Community (B-1) zoning allows for versatile commercial uses. The location offers convenient access to major roadways including I-95, US Route 1, the Sawgrass Expressway, and the Florida Turnpike, placing it within easy reach of a substantial population base. Within a 5-mile radius, there are over 330,000 people with an average household income exceeding $112,000, and over 205,000 employees. The area is densely populated with residential neighborhoods and boasts a strong retail presence, including national chains like Walmart, Publix, Target, and many restaurants. Previously occupied by Wendy's until Q2 2024, this property offers significant potential for a variety of QSR or restaurant concepts, or other compatible businesses. The property is 800 feet from SW 10th Street and 3.2 miles from Broward Health North.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Deerfield Beach, FLDeerfield Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.