Shopping Centers in Pembroke Pines, Florida, offer a lucrative investment opportunity for those looking to capitalize on the city's growing economy. With a diverse range of industries, including healthcare, retail, education, and professional services, Pembroke Pines provides a stable environment for businesses to thrive. Shopping Centers, in particular, represent a versatile investment option, as they can accommodate various types of businesses, from retail stores to restaurants and service providers. Pembroke Pines' strategic location, with easy access to major expressways like Interstate 75 and Florida's Turnpike (SR 91), makes it an attractive destination for consumers and businesses alike. The city's amenities, such as C.B. Smith Park and the Pembroke Lakes Mall, also contribute to its appeal. Additionally, the presence of institutions like Broward College and Florida International University ensures a steady flow of students and professionals, creating a dynamic and diverse community. With its tropical monsoon climate and rich history, Pembroke Pines is an ideal location for businesses and individuals alike.
Pembroke Pines is home to 9 Shopping Centers for sale, offering a range of investment opportunities. The city's average price per square foot for Shopping Centers is $411 USD, with an average size of 18,105 square feet. The largest Shopping Center available is 98,253 square feet. With an average cap rate of 5.4%, Shopping Centers in Pembroke Pines provide a promising investment option. In addition to Shopping Centers, Pembroke Pines also offers other property types for sale, including Restaurants, which can benefit from the city's diverse demographics and growing population. Specialty Properties, such as office buildings and warehouses, are also available, providing opportunities for businesses to establish a presence in the area. Land is another option, allowing investors to develop their own projects. Office Properties, including office buildings and complexes, round out the range of investment options in Pembroke Pines. Overall, the city's diverse economy and range of property types make it an attractive destination for investors and businesses.
What is the average cap rate for shopping centers in Pembroke Pines?
Currently, there are 9 shopping centers for sale in Pembroke Pines, with an average cap rate of 5.4%, making them an attractive investment opportunity for those looking to capitalize on the city's growing retail sector, which is supported by major employers like Memorial Healthcare System, Walmart, and Broward College, as well as its proximity to major transportation hubs like Interstate 75 and Florida's Turnpike (SR 91).
