Aron Holewinski - Commercial Real Estate Showcase

Aron Holewinski Property Listings
Associate Director of Sales
EXP Realty Advisors
118 E 28th St
Suite 901
New York, NY 10016-8413
(212) 972-7457
(212) 686-0078

2200 Weston Road - Waterways Shoppes I - BankUnited

Weston, FL 33326 - Southwest Broward Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:2001
Building Size:3,992 SF Land Area:.33 AC (14,375 SF)
For Sale Price:$4,388,082 Price/SF:$1,099.22
Cap Rate:4.85 %
Features:Dedicated Turn Lane, Drive Thru

Sale Notes:
EXP Realty Advisors exclusively presents for sale a 3,992.50 square foot freestanding bank on a 0.33-acre parcel of land in
Broward County Florida, 34 miles north of Miami. The building is 100% leased to BankUnited, an investment grade company
with a Moody’s credit rating of Baa3. The rent escalates 4% annually. Deposits at this branch are over $93 million. The tenant
recently exercised their last five-year option. The bank building was constructed in 2001, and it’s amenities include a double
drive-thru and dedicated turn lane. Deposits have exceeded $66 million at this location every year since 2010, with an average
year over year growth rate of 9.27%. The property is a pad site to the Waterway Shops of Weston, a 35,989 SF neighborhood
shopping center. The shopping center features thirty tenants including AT&T, Liberty Express, and Pearl Vision, as well as
several restaurants and cafes like Offerdahl’s Cafe, Chill’N Ice and Cream, Mallardi’s Tuscan Grill, Palm Grill, Power Pizza, and
Lucille’s American Café. Country Isles Plaza, a Publix anchored shopping center, is approximately 1.5 miles north on Weston
Road from the subject property. Western Town Center, also a Publix anchored shopping center, is approximately 1.5 miles

EXP Realty Advisors
Aron Holewinski
(212) 972-7457

Robert P James
(212) 686-0072

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