For Sale
$8,450,000

3908 19Th StLauderhill, FL 33311

High-Yield Retail Investment, Broward County

Overview

Added:
Dec 11, 2024
Days on market:
117
Lauderhill Pointe, a 38,261 square foot shopping center in Lauderhill, Florida, presents a compelling investment opportunity. This multi-tenant property, situated on a 2.64-acre lot at 3908 NW 19th St, 33311, boasts 100 parking spaces and a strong NOI of $638,911. Built in 1981 and recently renovated with attractive exterior wooden accents, the center features a diverse tenant mix, including a brewery and a CPA firm, ensuring a reliable income stream. The property's location in the heart of Broward County, within an Opportunity Zone, offers significant potential for future growth. The asking price is $8,450,000, representing a substantial return on investment. The property's APN is 4942-31-25-0028; 4942-31-25-0040. Pro forma market NOI projections exceed $900,000, indicating significant upside potential. This well-maintained retail center provides a stable and attractive investment opportunity in a thriving Florida market. The property's strong tenant base and prime location make it an ideal addition to any diversified portfolio. This is a rare opportunity to acquire a high-performing asset in a desirable location with significant growth potential.

Highlights

  • $8,450,000 asking price for this Lauderhill, FL shopping center.
  • 38,261 square foot retail center on a 2.64-acre lot.
  • 100 parking spaces available.
  • Multi-tenant property with a strong NOI of $638,911.
  • Built in 1981, with renovated exterior.

Property Details for 3908 19Th St

Property type
Lifestyle centers, Power centers
Square Feet
38,261 SF
Year Built
1981
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Lauderhill
County
Broward
State
Florida
Latitude
26.1500538
Longitude
-80.2012923
3908 19Th St, Lauderhill, Florida

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3908 19Th St
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