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Copans Plaza 2301 NE 5th Ave 20,855 SF 100% Leased Retail Building Pompano Beach, FL 33064 $7,500,000 ($359.63/SF) 6.11% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Ample Parking Space
- Located on Busy Intersection
EXECUTIVE SUMMARY
Prime Investment Opportunity. FULLY LEASED! This fully leased retail center offers a rare opportunity to invest in a high-performing asset within one of South Florida's most rapidly developing markets. With stable income, a prime location, and the backdrop of Pompano Beach's dynamic growth, this property is poised for long-term success.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
20,855 SF
Building Class
C
Year Built
1962
Price
$7,500,000
Price Per SF
$359.63
Cap Rate
6.11%
NOI
$458,070
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.54 AC
Zoning
B-4
Parking
89 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 48-42-25-05-0010 | Improvements Assessment | $2,907,660 |
| Land Assessment | $469,250 | Total Assessment | $3,376,910 |
PROPERTY TAXES
Parcel Number
48-42-25-05-0010
Land Assessment
$469,250
Improvements Assessment
$2,907,660
Total Assessment
$3,376,910
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Copans Plaza | 2301 NE 5th Ave
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