1481 26th Ave Pompano Beach, FL 33069-4315
- Gas stations
- 2,481 SF
- 0.88 lot acres
Jun 22, 2022
Current Use by Public Records
- Mobil / Gas Station
Property Details for 1481 26th Ave
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.88 lot acres
- Property size
- 2,481 SF
- Zone code
- I-1
- Property type
- Gas stations
- APN
- 49-42-04-34-0010
- APU
- 494204340010
Description
This exceptional investment opportunity presents a thriving, multi-tenant retail property located at 1481 SW 26th Ave, Pompano Beach, Florida, 33069. The property, built in 1973, encompasses a 2,481 square foot building situated on a substantial 38,370 square foot lot, zoned CG. Currently operating as a Mobil Gas Station with a convenience store and QSR/fast food component, this property boasts 100% occupancy with two tenants. The property features six gas pumps, recently upgraded in late 2023, and a hand car wash. The current business hours are 6 AM to 8 PM, presenting significant potential for increased revenue with extended operating hours. The asking price is $1,150,000, translating to $463.52 per square foot. Rent bumps are included in the lease agreements. This fee-simple ownership opportunity includes the added benefit of a potential property purchase option with a prorated credit available. This high-net business, located on a major thoroughfare, offers a strong return on investment and significant upside potential for a new owner. The property's current success, coupled with the potential for expansion, makes this a truly compelling investment.
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
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1565
- Latitude
- 26.2112
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
