1941 Dixie Hwy Pompano Beach, FL 33060

This exceptional 7,470 square foot shopping center in Pompano Beach, Florida, presents a lucrative investment opportunity. Located at 1941 N Dixie Hwy, this Class C retail property boasts six units, currently 100% occupied with a mix of long-term and month-to-month tenants. The property is situated on a 23,046 square foot lot, zoned B-3, and benefits from its prime location near the newly developed Old Town Square and Old Town Backyard. Recent renovations enhance the appeal of this multi-tenant retail center, which is experiencing strong demand due to the surrounding growth of residential and commercial properties in the area. The current tenants pay a combined rent of $17.50 per square foot, plus $7.50 per square foot in CAM charges, with annual increases of 3%. Two units are on month-to-month leases, offering potential for future rent adjustments. The asking price is $2,000,000, translating to $267.74 per square foot. This property offers a modified lease structure and represents a compelling opportunity for investors seeking a stable, high-yield retail investment in a rapidly developing area. The property was recently remodeled and is situated in a highly desirable location, making it an attractive investment for those seeking strong returns. The property is currently 100% occupied, providing immediate cash flow.