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4010-4038 NW 9th Ave
Oakland Park, FL 33309
Powerline Shopping Center · Retail Property For Sale
Investment Highlights
- Prime Location: Strategically situated at the NE corner of NW 40th St and Powerline Rd in Oakland Park, FL, offering exceptional visibility
- Diverse Tenant Mix: The property comprises nine units across three buildings, totaling 14,600 rentable square feet
- Strong Demographics: Approximately 135,000 residents live within a 3-mile radius, ensuring a steady flow of potential clientele
- Ample Frontage: Boasting an impressive 615 feet of frontage along Powerline Rd (NW 9th Ave), a major north-south thoroughfare in Broward County
- Upside Potential: Current rental rates average $14.36 per square foot, providing a significant 30% upside potential in rental income
- Owner Financing Available: Seller will hold Interest Only Mortgage for 3-years at 4% interest rate
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,600 SF
Building Class
B
Year Built
1974
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.26
Lot Size
1.30 AC
Zoning
B-1 - General business/retail
Parking
80 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Monument Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $562,440 | |
| Land Assessment | $96,980 | Total Assessment | $2,131,180 |
Property Taxes
Parcel Numbers
Land Assessment
$96,980
Improvements Assessment
$562,440
Total Assessment
$2,131,180
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