Shopping Strip
Shoppes at Seaside
4 N Federal Hwy, Dania Beach, FL 33004
Listing Price: $5,250,000
Investment Overview
Marcus & Millichap is proud to present for sale, Shoppes at the Soleste, a 13,743 square foot retail condominium strip located in Dania Beach, Florida.
Shoppes at Seaside
Investment Highlights
- 13,743 Square Foot Retail Condominium Strip Located on the Signalized Northeast Corner of North Federal Highway (US1) and Dania Beach Boulevard
- Subject Property is 53% Occupied Allowing Massive Upside in Leasing the Three Vacant Bays
- Newly Signed 10 Year NNN Lease with Corporate Guaranteed Memorial Healthcare on the Hard Corner Along with Newly Signed Antonio's Pizza Allow an Investor In-Place Cash Flow
- Property has Three Vacant Bays, two of which have Grease Traps Installed Allowing for Restaurant Use
- Busy Federal Highway Ground Floor Retail Condominiums Below the Newly Constructed 340 Unit Soleste Dania Beach Apartment Complex, Just West of the Dania Casino and Minutes South of Fort Lauderdale/Hollywood Airport
- Over 76,000 Vehicles Per Day Travel Past the Intersection of North Federal Hwy (US1) and Dania Beach Boulevard
- The Property has 51 Ground Floor Covered Parking Spaces Dedicated Exclusively to Retail Customers with Access to Both Federal Hwy and Dania Beach Boulevard. Owner has Ability to Monetize the Use of the Parking Lot for Additional Income which is Not Included in Underwriting
- Dania Beach has Seen a Development Boom with Multiple Apartment Complexes Being Developed in the Area Showing Steady Demographic Growth
Exclusively Listed By
Listing Price: $5,250,000
Investment Highlights
- 13,743 Square Foot Retail Condominium Strip Located on the Signalized Northeast Corner of North Federal Highway (US1) and Dania Beach Boulevard
- Subject Property is 53% Occupied Allowing Massive Upside in Leasing the Three Vacant Bays
- Newly Signed 10 Year NNN Lease with Corporate Guaranteed Memorial Healthcare on the Hard Corner Along with Newly Signed Antonio's Pizza Allow an Investor In-Place Cash Flow
- Property has Three Vacant Bays, two of which have Grease Traps Installed Allowing for Restaurant Use
- Busy Federal Highway Ground Floor Retail Condominiums Below the Newly Constructed 340 Unit Soleste Dania Beach Apartment Complex, Just West of the Dania Casino and Minutes South of Fort Lauderdale/Hollywood Airport
- Over 76,000 Vehicles Per Day Travel Past the Intersection of North Federal Hwy (US1) and Dania Beach Boulevard
- The Property has 51 Ground Floor Covered Parking Spaces Dedicated Exclusively to Retail Customers with Access to Both Federal Hwy and Dania Beach Boulevard. Owner has Ability to Monetize the Use of the Parking Lot for Additional Income which is Not Included in Underwriting
- Dania Beach has Seen a Development Boom with Multiple Apartment Complexes Being Developed in the Area Showing Steady Demographic Growth
Investment Overview
Marcus & Millichap is proud to present for sale, Shoppes at the Soleste, a 13,743 square foot retail condominium strip located in Dania Beach, Florida.
Exclusively Listed By
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