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Vacant-User

Benjamin Moore Building

1101 S Federal Hwy, Pompano Beach, FL 33062

Listing Price: $1,990,000

Cap Rate
4.17%
Gross SF
7,077
Rentable SF
7,077
Price/Gross SF
$281.19
Lot Size
0.33 acres
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to present The Benjamin Moore Building, a 7,077 square foot freestanding two tenant retail building located less than a half mile North of McNab Road at 1101 S. Federal Highway, Pompano Beach, FL. The property is situated on .33 acres and is an outparcel to a Walmart anchored retail center and is surrounded by many nationally recognized retailers such as Ross, Dollar Tree, Dick's Sporting Goods, TD Bank, Office Depot, Dunkin Donuts, Tires Plus, and many more. Benjamin Moore has successfully operated out of this location for the past 20 years and occupies 4,569 square feet (65% of the GLA). Benjamin Moore is willing to sign a lease at $8500/month Triple Net (NNN) or deliver the property vacant upon sale. There is one vacancy totaling 2,508 square feet allowing significant and immediate upside with the filling of the vacancy. The property is zoned for B-3 (General Business), a very liberal zoning allowing for retail, service, office, recreation/entertainment, hotel, and complementary residential uses. This property allows an owner user and/or investor the opportunity to acquire a very well maintained building in an extremely sought after metro on prime Federal Highway (50,000+ VPD).

Investment Highlights

  • Outparcel to a Walmart Anchored Retail Center
  • Traffic Counts of 50,000+ Vehicles Per Day
  • Surrounded by Many Nationally Recognized Retailers
  • 100+ Feet of Frontage on Prime South Federal Highway
  • Great Opportunity for Owner-User and/or Investor
  • Well Maintained
  • Significant and Immediate Upside

Exclusively Listed By

Financing By

Vacant-User

Benjamin Moore Building

Listing Price: $1,990,000

Cap Rate
4.17%
Gross SF
7,077
Rentable SF
7,077
Price/Gross SF
$281.19
Lot Size
0.33 acres
Year Built
1960

Investment Highlights

  • Outparcel to a Walmart Anchored Retail Center
  • Traffic Counts of 50,000+ Vehicles Per Day
  • Surrounded by Many Nationally Recognized Retailers
  • 100+ Feet of Frontage on Prime South Federal Highway
  • Great Opportunity for Owner-User and/or Investor
  • Well Maintained
  • Significant and Immediate Upside

Investment Overview

Marcus & Millichap is pleased to present The Benjamin Moore Building, a 7,077 square foot freestanding two tenant retail building located less than a half mile North of McNab Road at 1101 S. Federal Highway, Pompano Beach, FL. The property is situated on .33 acres and is an outparcel to a Walmart anchored retail center and is surrounded by many nationally recognized retailers such as Ross, Dollar Tree, Dick's Sporting Goods, TD Bank, Office Depot, Dunkin Donuts, Tires Plus, and many more. Benjamin Moore has successfully operated out of this location for the past 20 years and occupies 4,569 square feet (65% of the GLA). Benjamin Moore is willing to sign a lease at $8500/month Triple Net (NNN) or deliver the property vacant upon sale. There is one vacancy totaling 2,508 square feet allowing significant and immediate upside with the filling of the vacancy. The property is zoned for B-3 (General Business), a very liberal zoning allowing for retail, service, office, recreation/entertainment, hotel, and complementary residential uses. This property allows an owner user and/or investor the opportunity to acquire a very well maintained building in an extremely sought after metro on prime Federal Highway (50,000+ VPD).

Exclusively Listed By

Financing By

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