4010-4054 NW 9th Ave - Storefront Retail/Office FOR SALE


Oakland Park, FL 33309
$3,200,000 USD
954-299-9456
4010-4054 NW 9th Ave, Oakland Park, FL for Sale
$3,200,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 7.25% Cap Rate

4010-4054 NW 9th Ave
Oakland Park, FL 33309


HIGHLIGHTS

  • Fully Occupied Retail Center 100% leased to a diverse mix of tenants
  • Desirable Small-Bay Footprints Seven of nine units measure under 2,200 square feet
  • High-Visibility I-95 Tower Signage Elevated glass tower provides prominent billboard-style freeway frontage.
  • Gut-Renovated Middle Building Features modern finishes, private office suites, and roll-up loading door.
  • 100% NNN Lease Structure Reimbursable leases shield investors from rising property operating expenses.
  • Premier Powerline Road Frontage Captures nearly 29,000 vehicles daily with 615 feet exposure.

OVERVIEW

Vision Real Estate Advisors, as exclusive advisor, is pleased to present the opportunity to acquire Powerline Shopping Center (the Property), a fully occupied, 14,534 square foot neighborhood retail center spread across three buildings in the heart of Broward County. Situated on a 1.5 acre site at 4010-4054 NW 9th Avenue (Powerline Rd) in Fort Lauderdale, Florida, the Property represents a rare opportunity to acquire a versatile retail asset positioned along one of the area's premier north-south commercial corridors. The Property features a highly functional micro-bay layout, with seven of the nine units measuring under 2,200 square feet and six measuring 700 square feet or lower. These small-bay footprints are exceptionally easy to lease and highly desirable to a wide array of tenant types. Atlantic Food Store acts as the essential neighborhood convenience and grocery store for the immediate submarket, complemented by established service tenants including Advance Security, Deliverance Church, ESS Employers, and Armstrong Insurance. A standout feature is the middle building, a former furniture store that was completely gut-renovated with high-end interior finishes, conference rooms, and a rear roll-up door for seamless deliveries. This building also includes a distinctive glass tower extension originally designed as an elevated showroom, which now provides high-rising signage directly visible to Interstate 95 commuters. From an operational standpoint, all tenants operate on NNN leases, directly reimbursing their fair share of taxes, insurance, and common area maintenance. This fully net-leased structure shields investors from rising operating expenses and preserves net income over the holding period. Positioned directly on Powerline Road, the center captures nearly 29,000 vehicles per day and features 615 feet of direct street frontage, ensuring fantastic visibility for every unit. Access is fast and convenient via three separate entry points, and the site includes an expansive parking field with an impressive ratio of 5.2 spaces per 1,000 RSF to easily accommodate diverse business uses. Surrounded by 135,000 residents in a 3-mile radius, Powerline Shopping Center stands as a premier daily-needs retail asset in Central Broward.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Powerline Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

B-1

APN/PARCEL ID

49-42-22-40-0010,49-42-22-40-0020,49-42-22-40-0030

ASK ABOUT THIS PROPERTY

Elon GerbergVision Real Estate AdvisorsMore Info
954-299-9456

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Elon GerbergVision Real Estate AdvisorsMore Info
954-299-9456

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