Shopping Strip
Davie Plaza
7110-7162 Stirling Rd, Davie, FL 33024
Listing Price: $6,950,000
Cap Rate
5.92%
Gross SF
22,517
Rentable SF
22,517
Price/Gross SF
$308.66
Lot Size
2.04 acres
Year Built
1969
Investment Overview
Marcus & Millichap is proud to present, for sale, Davie Plaza, a 22,517 square foot retail strip located in a dense section of Davie, Florida.
Davie Plaza
Investment Highlights
- Davie Plaza is a 22,517 SF Retail Strip Located in a Dense Section of Davie Florida on the Busy Intersection of Stirling Road and Davie Road Extension
- Multiple Tenants are on Short Term Leases with Well Below Market Rents Allowing an Investor to Increase Cash Flow Significantly as Leases Roll
- Seller Has Recently Re-Painted the Exterior, Added Attractive Awnings and Replaced a Portion of the Roof
- Davie Plaza Has Multiple Small Bays Below 1,000 SF which are Easily Re-Leasable to Local Tenants
- Over 71,000 Cars Pass Through the Intersection of Stirling Road and Davie Rd. Extension Daily
- Davie Plaza Sits on a Signalized Corner between Florida's Turnpike and N University Drive, the Center has Excellent Visibility, and Multiple Access Points to Both Stirling Road and Davie Road Extension
- McDonald's Outparcel (Not Included in Sale) is Owned by Corporate and is an Additional Customer Draw to Davie Plaza
- The City of Davie is a Densely Populated Municipality with Over 137,000 People Living Within Three Miles of the Subject Property and an Average Household Income of Over $86,000
Exclusively Listed By
Listing Price: $6,950,000
Cap Rate
5.92%
Gross SF
22,517
Rentable SF
22,517
Price/Gross SF
$308.66
Lot Size
2.04 acres
Year Built
1969
Investment Highlights
- Davie Plaza is a 22,517 SF Retail Strip Located in a Dense Section of Davie Florida on the Busy Intersection of Stirling Road and Davie Road Extension
- Multiple Tenants are on Short Term Leases with Well Below Market Rents Allowing an Investor to Increase Cash Flow Significantly as Leases Roll
- Seller Has Recently Re-Painted the Exterior, Added Attractive Awnings and Replaced a Portion of the Roof
- Davie Plaza Has Multiple Small Bays Below 1,000 SF which are Easily Re-Leasable to Local Tenants
- Over 71,000 Cars Pass Through the Intersection of Stirling Road and Davie Rd. Extension Daily
- Davie Plaza Sits on a Signalized Corner between Florida's Turnpike and N University Drive, the Center has Excellent Visibility, and Multiple Access Points to Both Stirling Road and Davie Road Extension
- McDonald's Outparcel (Not Included in Sale) is Owned by Corporate and is an Additional Customer Draw to Davie Plaza
- The City of Davie is a Densely Populated Municipality with Over 137,000 People Living Within Three Miles of the Subject Property and an Average Household Income of Over $86,000
Investment Overview
Marcus & Millichap is proud to present, for sale, Davie Plaza, a 22,517 square foot retail strip located in a dense section of Davie, Florida.
Exclusively Listed By
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