Pembroke Mixed-Use Center 7161 Pembroke Rd

SVN Commercial Partners, as exclusive advisors, is pleased to present for sale The Pembroke Mixed Use Center ("the Property"), a strategically located +/- 7,000 square foot property situated at the northeast corner of Pembroke Rd and SW 72nd Ave in Pembroke Pines, Florida.
Benefiting from a combined daily traffic count of approximately 65,000 vehicles, this Property offers a unique blend of retail and residential spaces.
The two-story building features four commercial units on the ground floor and four residential units on the second floor. All units are currently leased on a month-to-month basis at rates significantly below market value, presenting a substantial opportunity for rental growth. Given the submarket's vacancy rate of less than 2.5%, this Property offers immediate potential for increased revenue.
The Pembroke Mixed-Use Center is surrounded by a thriving residential community with a population of approximately 187,000 people within a 3-mile radius. The average household income within a one-mile radius is $83,000. Major retailers and attractions nearby include Sam's Club, Walmart, Lowe's Home Improvement, and Publix.
The Property's is in close proximity to major transportation arteries, including the Florida Turnpike and University Dr. Additionally, its adjacency to North Perry Airport, a facility with 314,000 annual flight operations and a $285 million economic impact, provides a steady stream of foot traffic and potential tenants.
Owner financing is available, offering flexible terms for qualified buyers. The Property is a well-positioned asset with strong upside potential in a market characterized by high demand and limited supply.