Investment Overview

Marcus & Millichap is pleased to present an exceptional opportunity to acquire a fully occupied, recently constructed, three-tenant shopping center anchored by Starbucks, located in the affluent community of Plantation, Florida — a premier suburb of Fort Lauderdale. The property is 100% leased to an outstanding tenant lineup: Starbucks, Smoosh Cookies & Ice Cream, and Chim Authentic Thai and Sushi Bar. Built in 2019, the center is a true trophy asset, boasting significant architectural upgrades and a modern design. Ideally located in Plantation — part of the thriving Fort Lauderdale MSA, home to more than two million residents — the property enjoys a prime position directly off the signalized intersection of Broward Boulevard and Pine Island Road. This high-visibility, high-accessibility location benefits from a combined traffic count exceeding 81,000 vehicles per day. Major regional arteries, including University Drive (50,500+ VPD) and Interstate 595 (150,000+ VPD), are just moments away, placing the center in the heart of one of Broward County’s most dynamic and heavily trafficked retail corridors. The surrounding area is densely populated with over 130,000 residents within a three-mile radius and more than 660,000 within seven miles, supported by strong demographics and an impressive average household income of $101,652 within one mile. The center is surrounded by a robust mix of national and regional retailers, lifestyle destinations, entertainment venues, and major office hubs. It sits directly adjacent to a newly opened, high-traffic Wawa, which recently sold for a cap rate of 4.4%, and is less than half a mile from Broward Mall — a major shopping destination anchored by Macy’s, Dillard’s, JCPenney, and Regal Cinemas. Just one mile away are the Fountains Shopping Plaza and Plantation Walk, featuring top-tier tenants such as Dick’s Sporting Goods, Marshalls, HomeGoods, Kohl’s, Total Wine & More, Olive Garden, and many others. Plantation Walk is a standout mixed-use development offering 700 luxury residences and over 130,000 square feet of retail, dining, and entertainment space, reinforcing the area’s reputation as a vibrant live-work-play environment. Additional nearby national brands, including Publix, Aldi, Target, LA Fitness, Chick-fil-A, and Hyatt Place, further highlight the strength, stability, and desirability of this premier retail corridor. Adding to its appeal, the property is situated directly across from the West Regional Courthouse and surrounded by a concentration of office buildings, schools, hospitals, and golf courses — driving steady daytime population and traffic. It also offers easy access to Fort Lauderdale-Hollywood International Airport, located just 13 miles away, one of Florida’s busiest airports and a major economic catalyst for the region.