Introducing the opportunity to secure a 1.5-acre hard corner, single tenant net lease (STNL) investment property with future development rights for +/- 100 units by-right in the evolving Pompano Beach area.Â
Currently a Family Dollar location with long-term lease, the building was constructed in 2014 as a build-to-suit and offers an investor a hassle-free place to park capital that will be a safe bet for the future as the land value appreciates beyond the income-production on the site.
Multiple new construction 10-story projects in direct proximity to subject site have recently been completed including Sonata Apartments (121 units), Heritage at Pompano Station (116 units), and Old Town Square (281 units plus ground-floor retail). Site is also located within less than a mile of both Pompano Beach Airpark and Pompano Beach Middle School, and is visible from the Brightline train-tracks.
