8111 Broward BlvdPlantation, FL 33324

  • Retail properties
  • 21,890 SF
For Lease
$25/SF/YR View listing

Property Details for 8111 Broward Blvd

Year built
1997
Construction
CONCRETE
Lot size
2.73 AC
Property size (Sq ft)
21,890 SF
Zone code
M-PM
Property type
Retail properties
Property subtype
Outlet malls
APN
50-41-04-36-0015
APU
504104360015

Description

This exceptional 21,890-square-foot retail space presents a unique opportunity for businesses seeking a high-visibility location in Plantation, Broward County. Situated on West Broward Boulevard, this single-tenant property boasts a spacious, versatile layout ideal for a variety of retail concepts. Built in 1994 and renovated in 2004, the one-story building features 20-foot high ceilings, creating an impressive and adaptable interior. The property sits on 2.72 acres of land and includes 80 parking spaces, ensuring ample convenience for customers and staff. Its strategic location directly across from the one-million-square-foot Westfield Broward Mall and adjacent to the 27-acre Plantation Walk development (featuring luxury apartments, a full-service hotel, and 160,000 square feet of office space) guarantees high foot traffic and significant brand exposure. This property offers easy access and proximity to public transportation and other businesses, creating a highly desirable environment for attracting a diverse customer base. The entire space is currently vacant, providing a blank canvas for a business to create its ideal retail environment. This is an exceptional opportunity to establish a thriving business in a prime location with excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,566,717
    6.5%
    $8,830,815
    7%
    $8,200,043
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,296,194
    Geo Method
    $16,296,194
  • Alternative Use

    Use
    Valuation
    Residential
    $7,449,123
    Hospitality
    $6,823,357
    Educational
    $5,676,953
    Medical
    $5,872,192
    Retail
    $8,830,815
8111 Broward Blvd, Plantation, Florida

Location Insight

City
Plantation
County
Broward
State
Florida
Latitude
26.1218
Longitude
-80.2571
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$145,555
$1,425,900
$5,837,960
$7,263,860
-
$1,425,900
$5,837,960
$7,263,860

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