410-430 E Sample Rd - Storefront FOR SALE


Pompano Beach, FL 33064
$3,400,000 USD
305-951-0441
410-430 E Sample Rd, Pompano Beach, FL for Sale
$3,400,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

410-430 E Sample Rd
Pompano Beach, FL 33064


OVERVIEW

ONE Commercial Real Estate is pleased to present this exceptional opportunity to purchase a combined 7,708 SF of existing retail with prime frontage on East Sample Boulevard. This more than half acre site is located on a principal thoroughfare and benefits from an annual average daily traffic count of over 39,000 vehicles per day. Just east, the major intersection with North Federal Highway reports an annual traffic count exceeding 54,500 vehicles per day. This commercial corridor offers an excellent variety of business, shopping, dining, entertainment and access to beaches. ? ? Central Location. The site is located on the East Sample Rd business corridor which benefits from connecting the affluent neighborhoods of Hillsboro Beach and Lighthouse Point, where the average household income exceeds $100,000 within a 1-mile radius. This principal commercial corridor provides access to the best major commercial and public amenities the area has to offer. In addition, access to i95 just west provides convenient regional, Statewide, and Interstate accessibility.? ? Versatile Retail Space. Comprised of a strip center and freestanding building, the spaces are well positioned for high visibility ground floor retail.? ? Key Performance Indicators. The Pompano Beach retail submarket currently holds a low vacancy rate of 2.2% for general retail buildings. Rents have increased 4.6% in the past 12 months and are currently averaging $35.00/SF.? ? With its exceptional location and versatility in configuration, this opportunity is well positioned as a value-add for new tenants or business operations in the heart of East Sample Road’s Business District. The surrounding neighborhoods have seen tremendous growth with its mix of cultural vibrance and favorable location. ?

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B-3

APN/PARCEL ID

48-42-24-02-0090

ASK ABOUT THIS PROPERTY

Tiara SaintONE Commercial Real EstateMore Info
305-951-0441

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Tiara SaintONE Commercial Real EstateMore Info
305-951-0441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.