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Retail

4404 Pembroke Rd, West Park FL 33021

$890,000
Tax: $8,086/yr
Lot Size
10,903 sqft

CORNER LOT INVESTMENT - Free-standing 1,033 SF CBS retail on oversized 10,903 SF corner lot with ~150 FT of frontage on Pembroke Rd, zoned TOC2. Leased to established salon at $4,750/mo ($57,000 gross annually) - immediate income with flexibility for vacant delivery for owner-user. 2024 NOI $37,291 after taxes $8,086, insurance, etc. = 4.19% Cap Rate at asking price. TOC2 allows retail, office, restaurant, and mixed-use/multifamily up to 35 FT height per City of West Park - ideal for investor, owner-user, or future redevelopment. Features private office, 2 restrooms, central A/C, common/accessible parking, and security system. High-visibility State Rd location with direct access to I-95, FL Turnpike, and dense residential rooftops. Value-add land play with income in place.

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Property Features

Retail Free Standing, Retail
All Cash, Conventional/Refinance
Central Building A/C
Central Building A/C
Broward County 25.9951922, -80.1877059

More about this Property

Common Free Parking
Smoke Alarm Smoke Detector(s) Security System
CBS Construction
Corner Lot

The Visual Story

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