372 S Powerline Rd - Freestanding FOR SALE


Deerfield Beach, FL 33442- Outer Pompano Beach/Deerfield Beach
$2,000,000 USD
954-595-2999
372 S Powerline Rd, Deerfield Beach, FL for Sale
$2,000,000 USD
Freestanding - FOR SALE
1/19
null | 5.93% Cap Rate

372 S Powerline Rd
Deerfield Beach, FL 33442
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Prime Location – Situated directly on Powerline Road with direct access to I-95, the Turnpike, and major business districts.
  • Stable Investment – Established Tenant with 6+ years remaining on the current lease term, and options providing stable income.
  • Well-Maintained Property – Property underwent a substantial build out and customization, creating a high barrier to entry to replicate

OVERVIEW

Rare opportunity to acquire a fully stabilized NNN-leased investment property in the heart of Deerfield Beach. This single-tenant asset is leased to a well-established veterinary clinic, offering investors a reliable stream of passive income with zero landlord responsibilities, ideal for 1031 exchange buyers or those seeking a recession-resistant, long-term investment. Investment Highlights: NNN Lease – Tenant responsible for all operating expenses, taxes, insurance, and maintenance Established Veterinary Tenant – Longstanding operator with proven performance Prime Location – Excellent visibility and access at 372 S Powerline Road, with connectivity to I-95, Florida’s Turnpike, and major local thoroughfares High-Barrier Use – Veterinary clinics require substantial build-outs (often exceeding $250–$400 per square foot), creating sticky tenancy and reducing risk of vacancy or relocation Growing Industry – The U.S. veterinary services market is projected to exceed $75 billion by 2030, driven by pet ownership trends and increased demand for pet healthcare (Source: Grand View Research) Veterinary real estate has become a preferred asset class among private and institutional investors due to its resilience, specialized build-outs, and strong industry fundamentals. This particular site benefits from long-term tenancy, an irreplaceable location, and a use that is difficult to replicate—all of which support durable income and future value appreciation.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

5.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Leased Veterinarian

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B-1

APN/PARCEL ID

48-42-03-20-0130,48-42-03-20-0140

ASK ABOUT THIS PROPERTY

Jaime SturgisNative Realty Co.More Info
954-595-2999

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Jaime SturgisNative Realty Co.More Info
954-595-2999

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