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College Plaza 7841-7899 Pines Blvd 98,253 SF 100% Leased Retail Building Pembroke Pines, FL 33024 $25,000,000 ($254.45/SF) 3% Cap Rate
Investment Highlights
- Excellent regional connectivity with access to major South Florida highways and airports, including Fort Lauderdale-Hollywood International Airport
- Prominent retail center situated at a signalized corner with combined traffic counts over 95,000 vehicles per day.
- Located in an affluent trade area with nearly 470,000 residents within five miles and strong average household incomes.
Executive Summary
Constructed in 1976 and substantially renovated in 2005, this center offers a mix of national and regional tenants including dining, personal services, and specialty retail concepts that serve a dense suburban trade area. Nearby demographics illustrate a compelling investment backdrop, with approximately 470,000 residents within a five-mile radius and average household incomes surpassing $94,000. Pembroke Pines continues to experience growth due to its proximity to Fort Lauderdale, Miami, and key transportation links such as I-75 and Florida’s Turnpike.
This property delivers a significant value-add component, with current occupancy around 41–43%, creating upside potential through lease-up and repositioning strategies. With proforma NOI projections at nearly $1.9 million and cap rates in the mid-7% range, investors can leverage both steady in-place income from existing tenants and long-term growth opportunities through strategic leasing. The center’s location within Broward County’s robust retail corridor further ensures sustained demand and consistent foot traffic.
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Property Facts
Amenities
- Freeway Visibility
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 7849
- 2,966 SF
- Retail
- In-Line
- Sep 2026
- 7853
- 1,360 SF
- Retail
- In-Line
- Jul 2026
- 7891-1A & 7991
- 15,000-51,000 SF
- Retail
- In-Line
- Jul 2026
PRIME OUTPARCEL DEVELOPMENT: FLAGSHIP DRIVE-THRU PAD AT PINES & UNIVERSITY Property Overview Representing one of the most highly sought-after retail voids in Pembroke Pines, this proposed ±1,800 SF freestanding drive-thru outparcel on a ±30,000 SF lot at College Plaza is engineered specifically for a top-tier, national coffee operator. Positioned exactly where the morning commuter traffic demands it, this site captures the massive density of the Pines Boulevard corridor without the congestion of an inline strip. This is not a retrofitted box; this is a purpose-built, high-volume extraction point designed to dominate the local market share. The Site Plan & Throughput High-Capacity Drive-Thru: Custom-engineered wrap-around lane designed to handle peak morning stacking without bleeding into primary plaza traffic or street right-of-ways. The Footprint: ±1,800 SF proposed building featuring a dedicated service window, optimized ordering board placement, and an exclusive outdoor seating patio. Dual-Draw Synergy: Directly adjacent to a proposed drive-up ATM pad, creating a powerful dual-draw for the morning commuter requiring both premium coffee and rapid financial services. Frictionless Ingress/Egress: Seamlessly integrated into College Plaza's existing traffic flow, allowing for rapid vehicle entry and exit with zero bottlenecking. Unmatched Market Fundamentals Trophy Intersection: Commanding the dominant corner of Pines Boulevard and University Drive. Massive Traffic Count: Exposure to over 110,000 Vehicles Per Day (VPD). Proven Demographics: Supported by a highly established consumer base with an Average Household Income (HHI) exceeding $90,000 within a 3-mile radius. Center Synergy: The pad sits at the forefront of a 92,139 SF retail center equipped with 450 parking spaces and currently undergoing an aggressive value-add stabilization, including the lease-up of a 50,000 SF heavy-infrastructure grocery anchor. Leasing Details Available for Ground Lease or Build-to-Suit (BTS) for a qualified national credit tenant. Secure your flagship footprint in one of South Florida’s most resilient, high-barrier-to-entry retail submarkets.
| Space | Size | Space Use | Position | Available |
| 7849 | 2,966 SF | Retail | In-Line | Sep 2026 |
| 7853 | 1,360 SF | Retail | In-Line | Jul 2026 |
| 7891-1A & 7991 | 15,000-51,000 SF | Retail | In-Line | Jul 2026 |
| 7969 | 2,400 SF | Retail | Outparcel | Dec 2026 |
7849
| Size |
| 2,966 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Sep 2026 |
7853
| Size |
| 1,360 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2026 |
7891-1A & 7991
| Size |
| 15,000-51,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2026 |
7969
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Dec 2026 |
7969
| Size | 2,400 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Dec 2026 |
PRIME OUTPARCEL DEVELOPMENT: FLAGSHIP DRIVE-THRU PAD AT PINES & UNIVERSITY Property Overview Representing one of the most highly sought-after retail voids in Pembroke Pines, this proposed ±1,800 SF freestanding drive-thru outparcel on a ±30,000 SF lot at College Plaza is engineered specifically for a top-tier, national coffee operator. Positioned exactly where the morning commuter traffic demands it, this site captures the massive density of the Pines Boulevard corridor without the congestion of an inline strip. This is not a retrofitted box; this is a purpose-built, high-volume extraction point designed to dominate the local market share. The Site Plan & Throughput High-Capacity Drive-Thru: Custom-engineered wrap-around lane designed to handle peak morning stacking without bleeding into primary plaza traffic or street right-of-ways. The Footprint: ±1,800 SF proposed building featuring a dedicated service window, optimized ordering board placement, and an exclusive outdoor seating patio. Dual-Draw Synergy: Directly adjacent to a proposed drive-up ATM pad, creating a powerful dual-draw for the morning commuter requiring both premium coffee and rapid financial services. Frictionless Ingress/Egress: Seamlessly integrated into College Plaza's existing traffic flow, allowing for rapid vehicle entry and exit with zero bottlenecking. Unmatched Market Fundamentals Trophy Intersection: Commanding the dominant corner of Pines Boulevard and University Drive. Massive Traffic Count: Exposure to over 110,000 Vehicles Per Day (VPD). Proven Demographics: Supported by a highly established consumer base with an Average Household Income (HHI) exceeding $90,000 within a 3-mile radius. Center Synergy: The pad sits at the forefront of a 92,139 SF retail center equipped with 450 parking spaces and currently undergoing an aggressive value-add stabilization, including the lease-up of a 50,000 SF heavy-infrastructure grocery anchor. Leasing Details Available for Ground Lease or Build-to-Suit (BTS) for a qualified national credit tenant. Secure your flagship footprint in one of South Florida’s most resilient, high-barrier-to-entry retail submarkets.
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-41-15-05-0030 | Improvements Assessment | $12,216,820 |
| Land Assessment | $5,015,580 | Total Assessment | $17,292,000 |
Property Taxes
Presented by
College Plaza | 7841-7899 Pines Blvd
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