• listing
  • STOREFRONT RETAIL
1601 E Sample Rd POMPANO BEACH, FL 33064
  • STOREFRONT RETAIL
  • 3,500,000
  • 5.6%% Cap Rate

STOREFRONT RETAIL

ONE Commercial Real Estate is pleased to present this opportunity to acquire an existing retail with prime frontage on East Sample Boulevard. This commercial corridor offers an excellent variety of business, shopping, dining, entertainment and access to beaches.

Central Location. The site is located on the East Sample Rd business corridor which benefits from connecting the affluent neighborhoods of Hillsboro Beach and Lighthouse Point, where the average household income exceeds $100,000 within a 1-mile radius.

Versatile Retail Space. The space is well positioned for high visibility ground floor retail. The space has been delivered vacant and is readily available for new tenancy and business operations.

Key Performance Indicators. The Pompano Beach retail submarket currently holds a low vacancy rate of 2.2% for general retail buildings. Rents have increased 4.6% in the past 12 months and are currently averaging $35.00/SF.

With its exceptional location and versatility in configuration, this opportunity is well positioned for new tenants or business operations in the heart of East Sample Road’s Business District.


read more
Tiara
Saint
Investment Sales Advisor

Property Info

  • 17,116 SF
    LOT SIZE
  • 9,256 SF
    GROSS LEASABLE AREA (GLA)
  • 1968
    YEAR BUILT
  • $3,500,000
    ASKING PRICE
  • 5.6%
    MARKET CAP RATE

Location

1601 E Sample Rd,
POMPANO BEACH, FL 33064

Contact

contact Tiara
305.951.0441
3250 Mary Street, Suite 520
Coconut Grove, FL 33133

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