1311-1401 S Dixie Hwy EPompano Beach, FL 33060
1350 Plaza
Value-Add Retail | 1.6 WALT
Overview
Franklin Street, in partnership with Lee & Associates, are pleased to present 1350 Plaza — a ± 37,737 SF retail center in the heart of Pompano Beach, FL. Currently 91% leased, the property offers strong value-add potential through lease-up and moving rents to current market rates.
Situated on 1.31 acres across five parcels, the property features 43 suites ranging from 567 to 2,070 SF — ideal for local retailers and service providers.
With over 430 feet of dual frontage along South Dixie Highway and more than 25,000 vehicles per day, 1350 Plaza benefits from excellent visibility in both directions. It’s ideally located between E. Atlantic Blvd and E. Commercial Blvd, with direct access to I-95 and the Florida’s Turnpike.
Investment Highlights
- Immediate Upside: 91% Occupied providing for immediate upside
- Gross Lease Structures: Gross Lease Structure allows future restructure to NNN
- Internet Resistant Tenant Mix: 43 Separate Suites ranging from 567 SF – 2,070 SF
- Short Lease Term: 7% of GLA on Month – to – Month Leases. Walt of 1.6 Years
- Below Market Rents: Average Rent of $22.40 PSF
- High Visibility and Frontage: 430+ SF of dual street frontage and access along both East and West side of S Dixie Hwy
- High Traffic Area: S Dixie sees over 25,000 VPD
- Prime Location in Pompano Beach: Centrally located between Commercial and Atlantic Boulevard, which have access to I-95
- Dense Market: Affluent demographics with over 135,000 people within a 3 mile radius
Photo Gallery
1311-1401 S Dixie Hwy EPompano Beach, FL 33060
Sales Team
Listing provided by Revere CRE