Retail | Single Tenant Net Lease | 633 W Pembroke Rd
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Retail | Single Tenant Net Lease 633 W Pembroke Rd
8,254 SF Retail Building Hallandale Beach, FL 33009 £2,875,504 (£348/SF) 5.10% Net Initial Yield
Investment Highlights
- Traffic Count: 35,000 AADT
- Year Built: 2015
Executive Summary
APEX Capital Realty is excited to offer an exclusive opportunity to acquire a single tenant net lease (STNL) property encompassing an entire city block along a prominent thoroughfare East of I-95 in Hallandale Beach, FL. Positioned in Hallandale Beach, a burgeoning sub-market nestled between Aventura and Hollywood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,254 SF
Building Class
C
Year Built
2015
Price
£2,875,504
Price Per SF
£348
Net Initial Yield
5.10%
NOI
£146,651
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Land Acres
0.77 AC
Zoning
West RAC - (Regional Activity Center)
Frontage
237 ft on State Highway 824
Amenities
- Bus Route
PROPERTY TAXES
Parcel Number | 51-42-21-02-0710 | Improvements Assessment | £1,364,491 |
Land Assessment | £260,978 | Total Assessment | £1,788,016 |
PROPERTY TAXES
Parcel Number
51-42-21-02-0710
Land Assessment
£260,978
Improvements Assessment
£1,364,491
Total Assessment
£1,788,016
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Retail | Single Tenant Net Lease | 633 W Pembroke Rd
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