Pembroke Mixed-Use Center

Highlights

• Strategically Situated At The Signalized Intersection With +/- 65,000 Daily Traffic Count
• Significantly Under Market Rents with Short Term Leases and Small in Demand Suite Sizes
• Located Adjacent to The North Perry Airport Which - 314,000 Flight Operations Annually Generates a $285 Million Annual Economic Impact.
• Average Household Income of $83,000 Within 1-Mile Radius
• Easy Access to Major Highways and Throughfares including the Florida Turnpike, University Dr, Pembroke Rd and State Road 7 (441)
• Positioned In An Emerging Market Offering A Vacancy Rate Of Less Than 3% In South Florida
• Owner Financing Available

Description

SVN Commercial Partners, as exclusive advisors, is pleased to present for sale The Pembroke Mixed Use Center ("the Property"), a strategically located +/- 7,000 square foot property situated at the northeast corner of Pembroke Rd and SW 72nd Ave in Pembroke Pines, Florida.

Benefiting from a combined daily traffic count of approximately 65,000 vehicles, this Property offers a unique blend of retail and residential spaces.

The two-story building features four commercial units on the ground floor and four residential units on the second floor. All units are currently leased on a month-to-month basis at rates significantly below market value, presenting a substantial opportunity for rental growth. Given the submarket's vacancy rate of less than 2.5%, this Property offers immediate potential for increased revenue.

The Pembroke Mixed-Use Center is surrounded by a thriving residential community with a population of approximately 187,000 people within a 3-mile radius. The average household income within a one-mile radius is $83,000. Major retailers and attractions nearby include Sam's Club, Walmart, Lowe's Home Improvement, and Publix.

The Property's is in close proximity to major transportation arteries, including the Florida Turnpike and University Dr. Additionally, its adjacency to North Perry Airport, a facility with 314,000 annual flight operations and a $285 million economic impact, provides a steady stream of foot traffic and potential tenants.

Owner financing is available, offering flexible terms for qualified buyers. The Property is a well-positioned asset with strong upside potential in a market characterized by high demand and limited supply.

Strategically located in the thriving city of Pembroke Pines, Pembroke Mixed-Use Center offers unparalleled accessibility to major attractions and neighboring communities. Positioned at the bustling intersection of Road and SW 72nd Ave, this property is minutes away from the Florida’s Turnpike, providing seamless connectivity to the greater Miami-Dade and Broward areas, while also serving the local suburban population.

Pembroke Pines is renowned for its family-friendly atmosphere, diverse shopping destinations, and entertainment hubs, such as The Shops at Pembroke Gardens and the Pembroke Lakes Mall. The area’s variety of dining options, coupled with a strong sense of community, creates a dynamic, walkable environment that attracts both local residents and visitors year-round.

With ample on-site parking and easy access from main roads, Pembroke Mixed-Use Center is ideally positioned to serve both tenants and customers. Its proximity to Broward College South, where students frequently seek off-campus housing, allows the property to capture this demand. Additionally, its location near popular residential neighborhoods like The Residences at Monterra, Pembroke Falls, and Century Village, along with attractions such as CB Smith Park and Flamingo Gardens, enhances its appeal as a sought-after retail and service destination.

Additionally, the Property is just a short drive from major cultural and recreational landmarks, including the North Perry Airport, Hard Rock Stadium and Miramar Cultural Center, adding to its draw for businesses aiming to tap into the broader South Florida market. The area's strong retail demand, coupled with limited available space, ensures steady customer flow and long-term growth potential.

With ongoing residential and commercial growth, Pembroke Mixed-Use Center offers a prime opportunity for businesses to enter South Florida’s expanding suburban market. It’s an ideal investment to capitalize on the area's development and rising retail demand.