Investing in Retail Properties in Davie, Florida can be a lucrative venture for those looking to capitalize on the town's growing economy. With a population of approximately 110,000 residents, Davie offers a diverse range of opportunities for retail businesses to thrive. Retail Properties in Davie can represent a variety of investments, from strip centers and shopping plazas to freestanding buildings and restaurants. Davie's strategic location, with easy access to major highways and transportation facilities, makes it an attractive location for businesses. The town's amenities, including top-ranked schools, hospitals, and parks, also contribute to its appeal. Additionally, Davie is home to several major employers, including Nova Southeastern University and Cleveland Clinic Florida, which can provide a steady stream of customers for retail businesses. With its unique blend of rural and urban charm, Davie is an ideal location for businesses looking to establish a strong presence in the region.
Davie's Retail Properties offer a unique opportunity for investors to tap into the town's growing economy. With 12 listings available, there are plenty of options to choose from. In addition to Retail Properties, Davie is also home to a range of other property types, including Shopping Centers, which offer a variety of retail spaces and amenities; Restaurants, which can provide a unique dining experience for customers; Office Properties, which offer a range of spaces for businesses; and Hotels, which can cater to the town's growing tourism industry. Each of these property types offers its own unique benefits and opportunities for investors. With its strong economy, diverse range of amenities, and strategic location, Davie is an attractive location for businesses and investors alike. Overall, Retail Properties in Davie offer a compelling investment opportunity for those looking to capitalize on the town's growth and development.
What is the average cap rate for retail properties in Davie?
When it comes to retail properties in Davie, investors can expect an average cap rate of 4.14%. For those new to commercial real estate investing, it's essential to understand the concept of cap rate, which is a crucial metric for evaluating the potential return on investment of a property - to learn more, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
When it comes to retail properties for sale in Davie, location and foot traffic play a significant role in determining their value. Properties situated in high-traffic areas, such as those near major roads like Interstate 595 and U.S. Route 441, or close to popular amenities like Tree Tops Park and Bamford Sports Complex, tend to command higher prices due to their increased visibility and accessibility to potential customers.
