1301 Military TrlDeerfield Beach, FL 33442

Property Details for 1301 Military Trl

Year built

1985

Construction

CONCRETE

Lot size

11.60 AC

Property size (Sq ft)

20,149 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Community centers

APN

48-42-11-06-0021

APU

484211060021

Description

Sawgrass Promenade, located at 1301 South Military Trail in Deerfield Beach, Florida (zip code 33442), offers a prime retail opportunity in a thriving Broward County neighborhood. This 107,092 square foot strip center and salon space features a multi-tenant configuration with five suites currently available. The property boasts a highly desirable location, situated just a block south of SW 10th Street and strategically dual-anchored by a Publix and a Walgreens, ensuring high foot traffic and visibility. Individual suites range in size from a minimum of 900 square feet to a maximum contiguous space of 4,826 square feet, providing flexibility for various business needs. Currently, there are 10,840 square feet of vacant space available for lease. This presents a unique chance to establish or expand a business within a well-established and successful retail center. The property's address is easily accessible and benefits from excellent visibility and convenient access for customers. This is an exceptional opportunity to secure retail space in a high-traffic location with strong anchor tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $8,103,510

  6.5%

  $7,480,163

  7%

  $6,945,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,810,330

  Geo Method

  $9,810,330

• Alternative Use

  Use

  Valuation

  Residential

  $6,309,798

  Hospitality

  $5,779,740

  Educational

  $4,808,676

  Medical

  $4,974,054

  Retail

  $7,480,163

Location Insight

City

Deerfield Beach

County

Broward

State

Florida

Latitude

26.3014

Longitude

-80.135

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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