440 SW 145th Ave - Freestanding FOR SALE


Pembroke Pines, FL 33027- Century Village
$7,500,000 USD
305-476-7134
440 SW 145th Ave, Pembroke Pines, FL for Sale
$7,500,000 USD
Freestanding - FOR SALE
1/8
null | 6% Cap Rate

440 SW 145th Ave
Pembroke Pines, FL 33027
Century Village


HIGHLIGHTS

  • NOI: $450,000/yr
  • Cap Rate: 6.0%
  • 10 year new lease term
  • Annual Sales PSF: $1,400+
  • High-Performing Twin Peaks location

OVERVIEW

Avison Young is pleased to present Twin Peaks at Shops at Pembroke Gardens, a single-tenant net-leased ±8,541 Twin Peaks restaurant situated on ±1.58 AC parcel (“the Property”) located in Pembroke Pines, Florida. The Property, which is one of the top-performing Twin Peaks locations in the country since opening, sits adjacent to and shares an entrance with the Shops at Pembroke Gardens, an open-air retail and entertainment district, and benefits from the ±17,000 visitors its neighbor draws weekly. The Property is located in a densely populated, upscale suburban neighborhood and offers excellent proximity to I-75 & Pines Boulevard. There are more than 200,000 residents within a five-mile radius of the property, generating total annual consumer spending of more than $1.6 billion.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$878 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twin Peaks STNL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,200 SF

ZONING

B-2

APN/PARCEL ID

51-40-15-09-0010

ASK ABOUT THIS PROPERTY

Brian de la FéAvison YoungMore Info
305-476-7134

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Brian de la FéAvison YoungMore Info
305-476-7134

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