Shopping Centers in Pompano Beach, Florida, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 110,000, Pompano Beach is an attractive location for businesses and residents alike. Shopping Centers in Pompano Beach can represent a range of investments, from strip centers and community shopping centers to power centers and regional malls. These properties often feature a mix of local and national tenants, providing a diverse revenue stream for investors. Pompano Beach's strong infrastructure, including the Pompano Beach Tri-Rail station and several bus routes operated by Broward County Transit, makes it an ideal location for shopping centers. Additionally, the city's amenities, such as the Pompano Beach Community Park and the Pompano Beach Municipal Golf Course, contribute to its desirability. The presence of institutions like Augustine Graduate School and companies like Associated Grocers of Florida and Cross International further solidify Pompano Beach as a great place for business and travel.
Pompano Beach is home to 4 shopping centers for sale, offering investors a range of opportunities to capitalize on the city's growth. With an average price per square foot of $374 USD and an average size of 17,418 square feet, these properties are attractive to investors looking for a strong return on investment. In addition to shopping centers, Pompano Beach is also home to a range of other property types, including restaurants, specialty properties, land, and office properties. Restaurants in Pompano Beach offer a unique opportunity to capitalize on the city's growing food scene, while specialty properties, such as those in the arts and entertainment district, provide a chance to invest in unique and creative spaces. Land and office properties in Pompano Beach offer investors the opportunity to develop or lease space to businesses looking to capitalize on the city's growing economy. Overall, Pompano Beach is a great location for investors looking to capitalize on a range of property types.
What is the average cap rate for shopping centers in Pompano Beach?
The average cap rate for shopping centers in Pompano Beach is 6.06%, making it an attractive investment opportunity in this coastal city with a population of around 110,000, featuring a tropical monsoon climate and 3 miles of beachfront.
