Vacant Retail/Owner-User Opportunity | 330 S Federal Hwy
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Vacant Retail/Owner-User Opportunity 330 S Federal Hwy
1,135 SF Retail Building Pompano Beach, FL 33062 £956,980 (£843/SF)
Investment Highlights
- FLORIDA HAS NO STATE INCOME TAX
- STRONG RETAIL SYNERGY – The subject property is surrounded by a copious number of retailers, including Starbucks, YouFit Gym, Papa John’s Pizza, etc.
- GROWING MARKET – A $2 billion development project has been approved to transform downtown Pompano Beach
- DENSE MARKET – There are ±21,034 people and ±11,213 households within a 1-Mile radius.
- HIGH TRAFFIC COUNT – The subject property fronts U.S. Highway 1, seeing ±42,500 vehicles per day.
Executive Summary
HIGH TRAFFIC COUNT – The subject property fronts U.S. Highway 1, seeing ±42,500 vehicles per day. U.S.
Highway 1 is one of the most traveled highways in the nation, spanning from its southern point in Key West, FL, all the way north through Fort Kent, ME.
STRONG RETAIL SYNERGY – The subject property is surrounded by a copious number of retailers, including Starbucks, YouFit Gym, Papa John’s Pizza, Edwin Watts Golf Store, Boathouse Marine Center, CVS, and more.
FLORIDA HAS NO STATE INCOME TAX
DENSE MARKET – There are ±21,034 people and ±11,213 households within a 1-Mile radius.
GROWING MARKET – A $2 billion development project has been approved to transform downtown Pompano Beach, following a special joint meeting of the City Commission and its CRA. Additionally, the Ritz-Carlton Residences, comprising two buildings, are currently under construction in Pompano Beach.
Highway 1 is one of the most traveled highways in the nation, spanning from its southern point in Key West, FL, all the way north through Fort Kent, ME.
STRONG RETAIL SYNERGY – The subject property is surrounded by a copious number of retailers, including Starbucks, YouFit Gym, Papa John’s Pizza, Edwin Watts Golf Store, Boathouse Marine Center, CVS, and more.
FLORIDA HAS NO STATE INCOME TAX
DENSE MARKET – There are ±21,034 people and ±11,213 households within a 1-Mile radius.
GROWING MARKET – A $2 billion development project has been approved to transform downtown Pompano Beach, following a special joint meeting of the City Commission and its CRA. Additionally, the Ritz-Carlton Residences, comprising two buildings, are currently under construction in Pompano Beach.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,135 SF
Building Class
C
Year Built
1971
Price
£956,980
Price Per SF
£843
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
0.20 AC
Zoning
TO-EOD - Transit Oriented
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 48-42-36-01-3120 | Improvements Assessment | £550,836 |
| Land Assessment | £125,521 | Total Assessment | £676,358 |
PROPERTY TAXES
Parcel Number
48-42-36-01-3120
Land Assessment
£125,521
Improvements Assessment
£550,836
Total Assessment
£676,358
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Alexander Machado -
Nick Watson -
Matthews Real Estate Investment Services
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Vacant Retail/Owner-User Opportunity | 330 S Federal Hwy
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