$1.1M NOI Retail Gem! 48% Upside in Prime Loc 7841 Pines Blvd Terrain 3,59 ha À vendre 22 013 761 € Pembroke Pines, FL 33024

Property Description:
Unlock a rare opportunity at 7841 Pines Blvd, Pembroke Pines! This strategically located property, with a rich history in the heart of Pembroke Pines, presents a unique blend of immediate income generation and substantial long-term redevelopment potential. Currently operating as a retail center with a solid $1.1M Net Operating Income (NOI), this property offers investors a stable cash flow while planning for future growth.
A Legacy Location:
For years, 7841 Pines Blvd has been a cornerstone of the Pembroke Pines community. Its prime location has made it a destination for shoppers and businesses alike, and this legacy continues to add value to the property.
Key Highlights:
Significant Land Play Potential: This expansive parcel, strategically situated in prime Pembroke Pines, is zoned B3, unlocking a world of redevelopment possibilities. Imagine a dynamic mixed-use destination or a vibrant retail epicenter – the canvas is yours.
Immediate Income Stream: Capitalize on the existing $1.1M NOI, providing a strong foundation for your investment.
Value-Add Opportunity: Currently operating with a 48% vacancy, this property presents a tremendous value-add opportunity.
Strategic Location: Situated on Pines Blvd, a major thoroughfare in Pembroke Pines, this property benefits from high visibility and accessibility, ensuring long-term tenant demand.
B3 Zoning Flexibility: Pembroke Pines B3 zoning allows for a wide range of commercial uses, providing flexibility for future development plans.
Strong Infill Location: Situated in a densely populated and highly desirable infill area, this property benefits from a strong customer base and high barriers to entry for new development.
Proximity to Major Retailers: Benefit from the synergy created by neighboring national retailers. This creates a strong retail draw and ensures consistent traffic flow.
Strong Retail Sales Metrics:
Average Household Income (3-Mile Radius): $ 92,516
Population Density (3-Mile Radius): 191,853
Traffic Count (Pines Blvd & University Dr): 110,000
Retail Sales Per Square Foot (Submarket): $ 279.53
Vacancy Rate (Submarket): 95%+
Market Growth Rate (Retail): 16%
Long-Term Appreciation: Pembroke Pines is a thriving market with strong demographics and sustained growth, ensuring long-term appreciation potential.
Investment Highlights:
Secure a prime land asset with immediate income.
Maximize returns through strategic value-add improvements.
Capitalize on the exceptional redevelopment potential offered by B3 zoning.
Benefit from the strong demographics and growth of Pembroke Pines.
Thrive in a proven retail location with established customer traffic and strong sales metrics.
This is a great opportunity to get a property with a strong cashflow, that will also be a very strong long-term investment.
Don't miss this rare opportunity to acquire a prime Pembroke Pines property with immediate income and exceptional redevelopment potential. Contact CBI Real Estate today to schedule a showing and explore the possibilities.