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College Plaza 7841-7899 Pines Blvd

104,031 SF Retail Building Pembroke Pines, FL 33024 $34,019,279 CAD ($327 CAD/SF) 7% Cap Rate

Investment Highlights

  • +/- 110,000 Vehicles Per Day
  • Growth Potential
  • Tenant Mix Flexibility

Executive Summary

Investors, seize this exceptional opportunity to acquire a prime retail location in a bustling commercial hub. This property boasts a diverse mix of established tenants, ranging from popular dining options like Hook & Reel Seafood Restaurant to essential services like a Dental Group. With the departure of the College, a prime 36,000 SF space is now available for lease, presenting an incredible opportunity for a major retailer.
With a steady stream of foot traffic driven by the surrounding residential neighborhoods and proximity to major roadways, this center ensures maximum visibility and exposure for your investment. This well-maintained property features a strategic layout that maximizes tenant synergy and customer flow. Combining national brands and local favorites creates a dynamic shopping environment, attracting a wide range of consumers.
The available vacant spaces present a unique opportunity to curate a tenant mix tailored to the specific needs of the community. Given the growing population in the area, a fitness center or grocery store would be a significant addition and draw for residents. This would further enhance the center's appeal and profitability.
Furthermore, the surrounding area is experiencing significant growth and development, with increasing demand for retail and commercial spaces. Located near the intersection of Pines Boulevard and Flamingo Road, this plaza benefits from its proximity to one of the busiest intersections in Broward County, Florida, guaranteeing high traffic and visibility. This upward trajectory promises a thriving economic landscape for years to come, making this investment not only a sound financial decision but also a strategic move to capitalize on the region's burgeoning potential.
Don't miss out on this chance to secure a prime retail asset with proven performance.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Supermarket
Building Size
104,031 SF
Building Class
B
Year Built/Renovated
1976/2005
Price
$34,019,279 CAD
Price Per SF
$327 CAD
Cap Rate
7%
NOI
$2,381,350 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Land Acres
8.86 AC
Zoning
B-3 - B3 zoning allows for a mix of residential and commercial uses, including +/- 352 unit multi-family housing, retail, and offices.
Parking
450 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
980 ft on Pines Blvd

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,343 SF
  • Retail
  • -
  • Now

The 7875 Pines Blvd Pembroke Pines FL retail location is in a great location for your business. It is in a high-traffic are, with over 65,000 students attending the college just a block away. This means there is a large potential customer base for your business.

  • 1st Floor
  • 35,983 SF
  • Retail
  • In-Line
  • Now

Looking to expand your business in a thriving South Florida location? Look no further than College Plaza in Pembroke Pines! We have a prime 36,000-square-foot retail space available for lease, offering a fantastic opportunity for your business to flourish. Here's why College Plaza is the perfect location for you: Excellent Visibility and Accessibility: Located on a major thoroughfare with high traffic counts, College Plaza ensures maximum visibility for your business. Easy access and ample parking make it convenient for customers to visit. Thriving Community: Pembroke Pines is a vibrant and growing city with a diverse population and a strong economy. College Plaza is situated in a bustling commercial area surrounded by residential neighborhoods, providing a built-in customer base. Strong Anchor Tenants: Benefit from the synergy of established and successful anchor tenants at College Plaza, driving consistent foot traffic to your business. Ample Space and Flexibility: With 36,000 square feet, this space offers ample room to customize and design your ideal retail environment. Attractive Lease Terms: We offer competitive lease terms and are committed to working with you to create a mutually beneficial agreement. Don't miss out on this exceptional opportunity to position your business for success in a prime Pembroke Pines location! Call us today to schedule a tour and discuss your leasing options.

  • 1st Floor
  • 12,000 SF
  • Retail
  • In-Line
  • Jan 2025

Space is filling up quickly. Get in while you still can.

Space Size Space Use Position Available
1st Floor 1,343 SF Retail - Now
1st Floor 35,983 SF Retail In-Line Now
1st Floor 12,000 SF Retail In-Line Jan 2025

1st Floor

Size
1,343 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
35,983 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
12,000 SF
Space Use
Retail
Position
In-Line
Available
Jan 2025

1st Floor

Size 1,343 SF
Space Use Retail
Position -
Available Now

The 7875 Pines Blvd Pembroke Pines FL retail location is in a great location for your business. It is in a high-traffic are, with over 65,000 students attending the college just a block away. This means there is a large potential customer base for your business.

1st Floor

Size 35,983 SF
Space Use Retail
Position In-Line
Available Now

Looking to expand your business in a thriving South Florida location? Look no further than College Plaza in Pembroke Pines! We have a prime 36,000-square-foot retail space available for lease, offering a fantastic opportunity for your business to flourish. Here's why College Plaza is the perfect location for you: Excellent Visibility and Accessibility: Located on a major thoroughfare with high traffic counts, College Plaza ensures maximum visibility for your business. Easy access and ample parking make it convenient for customers to visit. Thriving Community: Pembroke Pines is a vibrant and growing city with a diverse population and a strong economy. College Plaza is situated in a bustling commercial area surrounded by residential neighborhoods, providing a built-in customer base. Strong Anchor Tenants: Benefit from the synergy of established and successful anchor tenants at College Plaza, driving consistent foot traffic to your business. Ample Space and Flexibility: With 36,000 square feet, this space offers ample room to customize and design your ideal retail environment. Attractive Lease Terms: We offer competitive lease terms and are committed to working with you to create a mutually beneficial agreement. Don't miss out on this exceptional opportunity to position your business for success in a prime Pembroke Pines location! Call us today to schedule a tour and discuss your leasing options.

1st Floor

Size 12,000 SF
Space Use Retail
Position In-Line
Available Jan 2025

Space is filling up quickly. Get in while you still can.

Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Bank
Fifth Third Bank
TGI Fridays
Hook & Reel
Red Lobster
Chili's Grill & Bar
Publix
LA Fitness
Citi
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-41-15-05-0030
Land Assessment
$7,053,912 CAD
Improvements Assessment
$18,542,624 CAD
Total Assessment
$25,596,536 CAD
  • Listing ID: 32596523

  • Date on Market: 2024-07-26

  • Last Updated:

  • Address: 7841-7899 Pines Blvd, Pembroke Pines, FL 33024

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