Twin Peaks STNL 440 SW 145th Ave 8,541 SF Retail Building Pembroke Pines, FL 33027 For Sale
EXECUTIVE SUMMARY
The established, successful Property offers tremendous frontage on SW 145th Street and easy access from Pines Boulevard, which boasts a traffic count of more than 71,000 vehicles per day. The in-place ground lease expires 10/31/2031, and the lessee has three five-year extension options following the conclusion of the current term. With a proven track record of the highest sales figures on any Twin Peaks in the country, more than ±7.5 years of remaining lease term, unrivaled access and visibility, and a location in a highly affluent and continuously improving submarket, the Property offers investors the opportunity to gain a stable foothold into one of South Florida’s premiere markets.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,541 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.91 AC
Zoning
B-2
Parking
108 Spaces (12.64 Spaces per 1,000 SF Leased)
Frontage
89’ on SW 145th Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-40-15-09-0010 | Improvements Assessment | $22,136,905 CAD |
| Land Assessment | $7,345,535 CAD | Total Assessment | $29,482,440 CAD |
