Basic Information

  • Type Retail
  • Status Closed
  • Year Built 1973
  • Total Size 23,046 Sq.Ft / 0.53 Acre
  • Date Listed 04/28/2024
  • Days on Market 341
Description

Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Retail

Interior Features

  • Adjusted Sqft 0.53 AcreSq.Ft
  • Sqft 0.53 Acre Sq.Ft

Property Features

  • Address 1941 N Dixie Hwy
  • Aprox. Lot Size 23,046
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $23,666
  • Tax Legal desc KENDALL GREEN SEC B 44-18 B LOTS 1,2,3 BLK 19
  • Tax Year 0
  • Terms Considered Cash
  • Type of Property Retail

1941 N Dixie Hwy

Pompano Beach, FL 33060

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT Realty. tel: 877-366-2213

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