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PDQ - Ft Lauderdale-Miami (Plantation) FL 10197 Cleary Blvd 2,837 SF Retail Building Plantation, FL 33324 $5,200,000 ($1,832.92/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 13+ Years Remain | Options to Extend | Scheduled Rental Increase | Corporate Guaranteed
- Plantation Promenade | Publix Super Market Anchored Center |Excellent Visibility & Ease of Access | Strong Tenant Synergy
- Strong Demographics in Immediate Trade Area | Six Figure Incomes
- Absolute NNN Lease | Zero Landlord Responsibilities | Fee Simple Ownership | No State Income Tax
- Strategic Location | International Airport | HCA Westside Hospital |Dual Grocery Anchored Centers
EXECUTIVE SUMMARY
• Plantation Promenade is an upscale neighborhood center anchored by Publix Super Market
• Publix posts robust sales while generating heavy traffic, further contributing to PDQ’s future success as a neighboring tenant
• This location will benefit from multiple points of access with 4 entrances off of Cleary Blvd (13,800 VPD) and 1 entrance off North Nob Hill Road (26,000 VPD)
• Notable tenants in the immediate trade area include; Publix, Winn-Dixie, Starbucks, Panera Bread, Chase Bank, Smoothie King, Einstein Bros Bagels and many others
• Publix posts robust sales while generating heavy traffic, further contributing to PDQ’s future success as a neighboring tenant
• This location will benefit from multiple points of access with 4 entrances off of Cleary Blvd (13,800 VPD) and 1 entrance off North Nob Hill Road (26,000 VPD)
• Notable tenants in the immediate trade area include; Publix, Winn-Dixie, Starbucks, Panera Bread, Chase Bank, Smoothie King, Einstein Bros Bagels and many others
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,837 SF
Building Class
C
Year Built/Renovated
2023/2024
Price
$5,200,000
Price Per SF
$1,832.92
Cap Rate
6.25%
NOI
$325,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Zoning
B-2P - Central Business District
Parking
26 Spaces (9.16 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 50-41-06-13-0023 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $891,820 |
PROPERTY TAXES
Parcel Number
50-41-06-13-0023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$891,820
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PDQ - Ft Lauderdale-Miami (Plantation) FL | 10197 Cleary Blvd
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