12890 Pines Blvd - Retail FOR SALE


Pembroke Pines, FL 33027- Century Village
$2,300,000 USD
954-400-2748
12890 Pines Blvd, Pembroke Pines, FL for Sale
$2,300,000 USD
Retail - FOR SALE
1/9
null | 5.5% Cap Rate

12890 Pines Blvd
Pembroke Pines, FL 33027
Century Village


HIGHLIGHTS

  • Corporate-Backed Lease | Below Market Rent | Long Term Tenancy
  • NN+ Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Prime Pembroke Pines Retail Corridor | Outparcel to Walmart SuperCenter
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Corporate-backed lease with Luxottica of America Inc., part of EssilorLuxottica the world’s largest eyewear company • Tenant has operated at this location since 1998 (27+ years) • The tenant is currently paying below market rents in Broward County

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$972 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

For Eyes Optical - Pembroke Pines FL

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-3

APN/PARCEL ID

51-40-14-02-0360

ASK ABOUT THIS PROPERTY

Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.