1801-1805 E Sample Rd
Pompano Beach, FL 33064
Retail Property For Sale

The subject property is a value-add retail/office building containing 8363 ft.² with an additional 14,000 square-foot lot separately deeded lot in a very desirable location of Pompano Beach/Lighthouse Point just off of the Sample Road and Federal Highway corner. There are 3 tenants on the ground floor. Suite 1: steak restaurant, $3500 a month with the pass-through of 21.8% on taxes. Suite 2: barbershop 1950 ft.² with the pass-through of 21.8% on real estate taxes. Suite 3: psychic, 1750 ft.² with the pass-through of 21.8% on real estate taxes. The 4th floor is currently vacant and occupies 4000 ft.². This space has dedicated ingress on sample road and can be utilized for a litany of purposes such as professional office, assuming a complete buildout. Located at 3610 NE. 18th Ave. contains 14,000 ft.² and 31 parking spaces. It’s zoned RS-4 Across the street from the subject property is a power center known as Shoppers Haven Shopping Center. Area retailers include YouFit Health Club, bed Bath and beyond, Beall’s outlet, Walgreens, Taco Bell, Wendy’s, Wawa, Michael’s, TD bank, Wells Fargo, Publix supermarket, Staples, Dollar Tree, Pizza Hut, Subway, Harbor freight tools and RaceTrac. The building has an allocated value of $1,450,000 and $400,000 for the additional lot. $170,000 projected & stabilized PGI.