Shopping Neighborhood
8440 W Broward Blvd
8440 W Broward Blvd, Plantation, FL 33324
Listing Price: $4,500,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of 8440 West Broward Boulevard, a ±8,650-square-foot, two-tenant retail building located in the center of Plantation, Florida. Situated on a 1.6-acre parcel, the property is currently 44% occupied, anchored by a long-standing tenant and offering immediate lease-up potential of the remaining ±4,850 square feet. This net-leased asset presents a rare opportunity to acquire a well-located retail building with substantial upside through lease-up and rental mark-to-market. The asset benefits from strong in-place cash flow, with the potential to increase net operating income by more than 470% under full pro forma assumptions.
Located along one of Broward County’s most heavily traveled corridors, the property offers outstanding visibility and access, with exposure to over 33,000 vehicles per day. Surrounded by national retailers, professional office parks, and dense residential neighborhoods, the property’s strategic location is ideal for attracting both local and regional tenants.
8440 W Broward Blvd
Investment Highlights
- Trophy Retail Location in Central Broward County – Positioned directly along West Broward Boulevard just west of University Drive.
- Value-Add Lease-Up Opportunity – With over 50% vacancy, the building offers significant lease-up potential and pro-forma rents, enabling an investor to drastically increase current in-place NOI.
- Strong Tenant Stability – Existing long-term tenancy provides cash flow stability, while the vacant suite, previously occupied by The Original Pancake House, offers full re-tenanting flexibility.
- Dense Demographics & Affluent Trade Area – Over 129,000 residents live within a 3-mile radius, with average household incomes exceeding $95,000, supporting robust retail demand.
- Excellent Accessibility – The property offers direct access to I-595, the Florida Turnpike, and I-75 within a 10-minute drive, enabling smooth connectivity throughout Broward County.
Exclusively Listed By
Listing Price: $4,500,000
Investment Highlights
- Trophy Retail Location in Central Broward County – Positioned directly along West Broward Boulevard just west of University Drive.
- Value-Add Lease-Up Opportunity – With over 50% vacancy, the building offers significant lease-up potential and pro-forma rents, enabling an investor to drastically increase current in-place NOI.
- Strong Tenant Stability – Existing long-term tenancy provides cash flow stability, while the vacant suite, previously occupied by The Original Pancake House, offers full re-tenanting flexibility.
- Dense Demographics & Affluent Trade Area – Over 129,000 residents live within a 3-mile radius, with average household incomes exceeding $95,000, supporting robust retail demand.
- Excellent Accessibility – The property offers direct access to I-595, the Florida Turnpike, and I-75 within a 10-minute drive, enabling smooth connectivity throughout Broward County.
Investment Overview
Marcus & Millichap is pleased to present the exclusive offering of 8440 West Broward Boulevard, a ±8,650-square-foot, two-tenant retail building located in the center of Plantation, Florida. Situated on a 1.6-acre parcel, the property is currently 44% occupied, anchored by a long-standing tenant and offering immediate lease-up potential of the remaining ±4,850 square feet. This net-leased asset presents a rare opportunity to acquire a well-located retail building with substantial upside through lease-up and rental mark-to-market. The asset benefits from strong in-place cash flow, with the potential to increase net operating income by more than 470% under full pro forma assumptions. Located along one of Broward County’s most heavily traveled corridors, the property offers outstanding visibility and access, with exposure to over 33,000 vehicles per day. Surrounded by national retailers, professional office parks, and dense residential neighborhoods, the property’s strategic location is ideal for attracting both local and regional tenants.
Exclusively Listed By
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