Grocery Store
Publix Supermarket Absolute NNN Fee Simple Strong Sales
1140 SW 36th Ave, Pompano Beach, FL 33069
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present for sale this Publix Supermarket located at 1140 SW 36th Avenue in Pompano Beach, Florida. Pompano Beach is a city in Broward County, Florida located along the coast of the Atlantic Ocean, just north of Fort Lauderdale. The nearby Hillsboro Inlet forms part of the Atlantic Intercoastal Waterway. Pompano Beach is located 36 miles north of Miami and it is a principal city in the Miami-Fort Lauderdale- West Palm Beach Metropolitan Area with population over 6,158,824. This Publix is located Less than two Miles away from Harrah’s Pompano Beach: a new 223 Acre Casino Anchored Development with two hotels, an array of entertainment and dining, retail and office space, and 4,000 luxury residential units Major employers in Pompano Beach include Pompano Park, Walmart, Publix, Aetna, Point Blank Solutions, Associated Grocers of Florida and FreshPoint. Several colleges and universities are located nearby this Public Property including Broward College with a student enrollment of 40,784 and Southeastern University with student enrollment of 20,576. Numerous apartment complexes surround this property including Atlantico at Palm Aire with 210 rented units, Luzano Apartments with 404 rented units, Pinnacle Village Apartments with 148 townhouses, Palms Apartments with 224 rented units and The Village at Eastpointe Apartments with 296 rented units. Brand new luxury home developments in the area of this Publix include Oak Tree by Pulte Homes with 200 homesites for townhomes and 350 homesites for luxury single-family homes. The Eastside Village by D.R. Horton Builders is sold out as well as Madison Place by D. R. Horton with 108 units all sold out. Other new developments in the area include Sandpiper Pointe with 85 sites, K. Hovnanian Homes at Coral Lago, Ryan Homes at the Falls and Lennar at Miralago. Publix is the largest and fastest-growing employee-owned supermarket chain in the United States. Retail sales in 2021 reached $48 Billion and currently employ 240,000 people. Publix was founded in 1930 in Winter Haven, Florida by George W. Jenkins. Publix is one of the 10 largest-volume super market chains in the country, with over 1,321 locations.
Publix Supermarket Absolute NNN Fee Simple Strong Sales
Investment Highlights
- Rare Freestanding Publix Supermarket | 22+ Year Operating History | Trophy Broward County Location
- Very Strong, Year over Year Increasing Sales (11% Increase from 2021 to 2022). Tenant Reached Percentage Rent Threshold (See Listing Agents for Details)
- Absolute NNN Lease | Fee Simple | Tenant Pays for CAM, Taxes, Insurance and Maintains all Aspects of the Premises
- Many Brand New Luxury Home Developments in the Area Including Oak Tree by Pulte Homes With 200 Homesites for Townhomes and 350 Homesites for Single Family Homes, The Eastside Village by D. R. Horton Builders is Sold Out as Well as Madison Place by D.R. Horton with 108 Homesites Sold Out
- Florida is a No Income Tax State
Grocery Store
Publix Supermarket Absolute NNN Fee Simple Strong Sales
Listing Price: Request For Offer
Investment Highlights
- Rare Freestanding Publix Supermarket | 22+ Year Operating History | Trophy Broward County Location
- Very Strong, Year over Year Increasing Sales (11% Increase from 2021 to 2022). Tenant Reached Percentage Rent Threshold (See Listing Agents for Details)
- Absolute NNN Lease | Fee Simple | Tenant Pays for CAM, Taxes, Insurance and Maintains all Aspects of the Premises
- Many Brand New Luxury Home Developments in the Area Including Oak Tree by Pulte Homes With 200 Homesites for Townhomes and 350 Homesites for Single Family Homes, The Eastside Village by D. R. Horton Builders is Sold Out as Well as Madison Place by D.R. Horton with 108 Homesites Sold Out
- Florida is a No Income Tax State
Investment Overview
Marcus & Millichap is pleased to present for sale this Publix Supermarket located at 1140 SW 36th Avenue in Pompano Beach, Florida. Pompano Beach is a city in Broward County, Florida located along the coast of the Atlantic Ocean, just north of Fort Lauderdale. The nearby Hillsboro Inlet forms part of the Atlantic Intercoastal Waterway. Pompano Beach is located 36 miles north of Miami and it is a principal city in the Miami-Fort Lauderdale- West Palm Beach Metropolitan Area with population over 6,158,824. This Publix is located Less than two Miles away from Harrah’s Pompano Beach: a new 223 Acre Casino Anchored Development with two hotels, an array of entertainment and dining, retail and office space, and 4,000 luxury residential units Major employers in Pompano Beach include Pompano Park, Walmart, Publix, Aetna, Point Blank Solutions, Associated Grocers of Florida and FreshPoint. Several colleges and universities are located nearby this Public Property including Broward College with a student enrollment of 40,784 and Southeastern University with student enrollment of 20,576. Numerous apartment complexes surround this property including Atlantico at Palm Aire with 210 rented units, Luzano Apartments with 404 rented units, Pinnacle Village Apartments with 148 townhouses, Palms Apartments with 224 rented units and The Village at Eastpointe Apartments with 296 rented units. Brand new luxury home developments in the area of this Publix include Oak Tree by Pulte Homes with 200 homesites for townhomes and 350 homesites for luxury single-family homes. The Eastside Village by D.R. Horton Builders is sold out as well as Madison Place by D. R. Horton with 108 units all sold out. Other new developments in the area include Sandpiper Pointe with 85 sites, K. Hovnanian Homes at Coral Lago, Ryan Homes at the Falls and Lennar at Miralago. Publix is the largest and fastest-growing employee-owned supermarket chain in the United States. Retail sales in 2021 reached $48 Billion and currently employ 240,000 people. Publix was founded in 1930 in Winter Haven, Florida by George W. Jenkins. Publix is one of the 10 largest-volume super market chains in the country, with over 1,321 locations.
