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8880 NW 44th Street - Village Shoppes Of Pine Plaza - Pinch A Penny, Sunrise, FL

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8880 NW 44th Street - Village Shoppes Of Pine Plaza - Pinch A Penny

Sunrise, FL 33351-5302 - Plantation Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1991
Building Size:5,726 SF Land Area:.85 AC (36,874 SF)
For Sale Price:$1,500,000 Price/SF:$261.96
Cap Rate:6.25 %
Parking:70 Surface spaces are available
Features:Dedicated Turn Lane



Property Description: Free Standing Retail Building




Property Use Description: Free Standing Retail Building

Sale Notes:
Capital Commercial Real Estate Group, Inc. is proud to exclusively present this Pinch-A-Penny out-parcel located on the corner of Pine Island Road and NW 44th St in beautiful Sunrise, Florida. Pinch-A-Penny is on an absolute NNN lease and has recently chosen to exercise the 2nd 5 year option which will extend the lease from September 2016 to August 2021 which means there are a total of about 5.5 years remaining on the lease. This property is an outparcel to an AMC movie theater anchored 100,000+ SF shopping plaza. The free standing subject property is a total of 5,726 square feet and is situated on the corner of busy Pine Island Road and NW 44th St. Improvements such as a new irrigation system, resurfacing of parking lot and updated landscaping have all been recently done. Traffic counts are 40,000+ vehicles per day.

Capital Commercial Real Estate Group, Inc
Adam Yacoby
(305) 310-9248




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