3400 Powerline Rd
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3400 Powerline Rd
8,119 SF 100% Leased Retail Building Fort Lauderdale, FL 33309 £1,909,248 (£235/SF) 5.10% Net Initial Yield
Investment Highlights
- Median household income of $56,718within a three mile radius
- 17 minute drive from Fort Lauderdale-Hollywood International Airport
- Powerline Road has a daily traffic count of 26,764 vehicles
Executive Summary
Are you looking for a great investment opportunity? Don't miss this chance to own a 5 unit retail shopping center that is located right on Powerline Road, one of the busiest streets in the area. This shopping center offers:
• A total building size of approximately 8100 sqft, with each unit being approximately 1620 sqft
• Ample parking space for customers and tenant
• A prime location that attracts lots of cars and pedestrians, with easy access to major highways, public transit, and amenities
This retail shopping center is a rare opportunity to acquire a well-maintained and profitable property that has a high potential for growth and appreciation. The asking price is $2.2 million. Seller financing available.
• A total building size of approximately 8100 sqft, with each unit being approximately 1620 sqft
• Ample parking space for customers and tenant
• A prime location that attracts lots of cars and pedestrians, with easy access to major highways, public transit, and amenities
This retail shopping center is a rare opportunity to acquire a well-maintained and profitable property that has a high potential for growth and appreciation. The asking price is $2.2 million. Seller financing available.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,119 SF
Building Class
C
Year Built
1965
Price
£1,909,248
Price Per SF
£235
Net Initial Yield
5.10%
NOI
£97,372
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.43
Lot Size
0.43 AC
Zoning
B-1 - NEIGHBORHOOD COMMERCIAL
Parking
24 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-42-22-09-2720 | Improvements Assessment | £551,160 |
| Land Assessment | £118,230 | Total Assessment | £809,951 |
PROPERTY TAXES
Parcel Number
49-42-22-09-2720
Land Assessment
£118,230
Improvements Assessment
£551,160
Total Assessment
£809,951
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3400 Powerline Rd
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