Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.
MLS# | A11577074 |
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Listing Type | For Sale |
Style | Retail |
Building Name | Seymour 1941 |
Sub-Type | Resale |
Status | Pending |
Year | 1973 |
Days On Site | 321 |
Listing Provided By | LPT Realty | Thomas Tolbert |
SQ Feet | 7,470 |
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Story(s) | 1 |
Building(s) | 1 |
Zoning | B-3 |
Acreage | 23046.00 |
State | FL |
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County | Broward |
City | Pompano Beach |
Zip Code | 33060 |
Area | 3423 |
Subarea | N Broward Dixie Hwy To Turnpike (3411 3432;3531) |
Listing VS Median (In 33060) | |
Price: $2,000,000 low | high Med: $329,000 SqFt: 7,470 low | high Med: 1,000 $ / SqFt: $268 low | high Med: $329 On site: 321 low | high Med: 90.000000 |