Investment Overview

Oakland Park Village Square is a 42,480 square foot neighborhood retail strip center in Broward County, located just west of the busy intersection of University Drive and West Oakland Park Boulevard with average traffic counts of almost 90,000 vehicles per day. The property has a brand-new roof and sits directly adjacent to a Lowe’s Home Improvement Center property on the south side of Oakland Park Boulevard, in Sunrise, Florida. The City of Sunrise is a Dense Broward County Municipality with over 189,000 people living within a three-mile radius of the subject property. The strip center includes an additional day care outparcel building that fronts Oakland Park Boulevard and is occupied by Oakland Academy School. The remainder of the 90% occupied center is comprised of multiple restaurants, medical and service-oriented tenants. The property sits on is on four acres of land and also includes the potential to purchase an additional acre of undeveloped land to the south of the property. This strip center has ideally configured small bays and relatively low rents compared to the market. This is an ideal investment for buyers looking for a stable Southeast Florida retail property in a dense submarket with a diverse tenant mix.