For Sale
Pembroke Pines, FL
Commercial Real Estate Market Trends & Data
$2,627 per SF
Avg asking sale price
$32 per SF
Avg asking lease rate
7,710 SF
Avg unit lease size
6,068 SF
Avg building size for sale
6.26%
Average cap rate
Pembroke Pines's Demographic Profile
Pembroke Pines has 57,976 households and a median income of $77,809, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 159,691 |
| # Households | 57,976 |
| Median age | 43 |
| Median household income | $77,809 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 18,378 |
| 5-year population change | -2% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Pembroke Pines | $410 | 6,824 SF | 5.95% |
| Cooper City | $461 | 2,991 SF | 4.06% |
| Hollywood | $551 | 6,777 SF | 11.01% |
| Miramar | $370 | 10,958 SF | 5.95% |
| Davie | $426 | 8,114 SF | 5.97% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Cooper City | $961 | 9,000 SF | 4.00% |
| Hollywood | $460 | 10,214 SF | 5.56% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Pembroke Pines | $3,992 | 6,914 SF |
| Cooper City | $2,166 | 16,072 SF |
| Hollywood | $1,472 | 6,033 SF |
| Southwest Ranches | $371 | 40,040 SF |
| Miramar | $592 | 5,292 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Pembroke Pines | $15,833 | 2,147 SF | 6.99% |
| Hollywood | $1,268 | 9,939 SF | 8.41% |
| Miramar | $403 | 7,544 SF | 8.21% |
| Davie | $287 | 6,012 SF | 5.00% |
| Hialeah Lakes | $4,600 | 5,300 SF | 7.70% |
Commercial Properties For Sale in Pembroke Pines
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Pembroke Pines pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Pembroke Pines | $2,627 | 6,068 SF |
| Cooper City | $957 | 7,105 SF |
| Hollywood | $777 | 9,030 SF |
| Southwest Ranches | $371 | 40,040 SF |
| Miramar | $542 | 5,602 SF |
Regional Demographic Comparison
This comparison places Pembroke Pines alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Pembroke Pines or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Pembroke Pines | 159,691 | 57,976 | 43 | $77,809 | 3 | 18,378 | -2% |
| Cooper City | 31,220 | 10,065 | 41 | $119,381 | 3 | 1,699 | -3% |
| Southwest Ranches | 6,809 | 2,050 | 44 | $150,231 | 3 | 138 | -4% |
| Miramar | 125,845 | 38,531 | 38 | $82,145 | 3 | 13,114 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Pembroke Pines, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Pembroke Pines
View All Commercial Real Estate For Sale in Pembroke Pines
Is Pembroke Pines a good market for a first-time commercial real estate investor?
Pembroke Pines offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Pembroke Pines?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Pembroke Pines. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Pembroke Pines?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Pembroke Pines. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Pembroke Pines compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Pembroke Pines. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Pembroke Pines acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Pembroke Pines, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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