7979 Pines Blvd - Storefront Retail/Office FOR SALE


Pembroke Pines, FL 33024- Boulevard Heights East
$3,150,000 USD
786-522-7056
7979 Pines Blvd, Pembroke Pines, FL for Sale
$3,150,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | 7.23% Cap Rate

7979 Pines Blvd
Pembroke Pines, FL 33024
Boulevard Heights East


HIGHLIGHTS

  • Pembroke Pines is among South Florida’s most desirable retail markets
  • High-visibility location on Pines Boulevard
  • Zoned B-3 General Business – wide tenant eligibility
  • Ideal for medical, retail, office, and wellness tenants

OVERVIEW

Marcus & Millichap is pleased to exclusively present 7979 Pines Boulevard, a premium two-story, freestanding retail building located in the thriving Pembroke Pines submarket of Southwest Broward County, Florida. Offered at $3,150,000, this vacant asset represents a rare value-add opportunity in one of the most supply-constrained retail corridors in South Florida. The property is zoned B-3 General Business, supporting a wide array of high-demand commercial uses. This retail asset is an approximate 11,390-square-foot retail building that sits on a 0.43-acre parcel. The property includes 18 surface parking spaces, with a solid construction profile featuring concrete block stucco, and bar joist framing. The flexible B-3 zoning opens the door to a broad mix of tenants including retail, restaurants, medical offices, professional services, and personal care providers. This zoning, paired with the building’s two-level layout and direct frontage on Pines Boulevard, positions it as a premier destination for health and wellness providers, urgent care clinics, legal and financial offices, boutique fitness concepts, and experiential retail operators. Property is available for lease. Pembroke Pines is among South Florida’s most desirable retail markets, with tight vacancy rates at 4.7% and asking rents projected to reach $30/SF by year-end 2025. The building benefits from tremendous visibility and access, surrounded by national retailers, major shopping centers, and a dense daytime population of over 352,000 within a 5-mile radius. The surrounding community boasts a population of 454,104, projected to grow steadily over the next five years. With an average household income of $92,277 and median household income of $77,151, the area is home to an affluent consumer base. These demographics support both essential retail and lifestyle-focused tenants who thrive in high-income, high-traffic markets. The Pembroke Pines area is supported by significant regional employers such as Memorial Healthcare System, the Seminole Tribe of Florida, Spirit Airlines, and Nova Southeastern University. This employment base drives consistent foot traffic and supports a strong local economy.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

7.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

B-3

APN/PARCEL ID

51-41-15-05-0042

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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