199 Ocean Blvd, Pompano Beach, FL 33062

9,841 SF of Office Space Available in Pompano Beach, FL 33062

Date Added:
September 16, 2024
Days on Market:
2 days
Property Type
Retail

Listing Contacts

Elliot Anker
Elliot Anker
Verified Profile
  • Property Info

Property Overview

Unlock the potential of this exceptional commercial property situated on a generous lot of 61,937 sq. ft. This strategically located space offers a versatile layout and a variety of potential uses, making it a valuable asset for any business venture. With an impressive total building size of 9,841 sq. ft. (including the bank drive-thru), this opportunity is perfect for businesses looking to establish or expand their presence in the market.
Property Highlights:
Former Wells Fargo Location: Benefit from the great visibility offered by this high-profile location just north of Atlantic Blvd in Pompano. This well-known site ensures excellent exposure to potential customers and clients.
Retail 1st Floor: The ground floor offers 5,700 sq. ft. of retail space, providing an excellent opportunity for a wide range of business operations such as restaurants, grocery stores, or professional offices.
Office 2nd Floor: The second floor features 2,800 sq. ft. of office space, ideal for a variety of professional uses, including financial institutions, legal firms, or corporate offices.
Total Building Size (Excluding Bank Drive-Thru): The building offers a total of 8,500 sq. ft. of usable space (excluding the drive-thru), providing ample room for various business activities.
Lease Term Flexible: Accommodate your business needs with flexible lease terms designed to support your growth and goals.
Two-Story Building: This multi-level space offers a variety of layout options for different types of businesses, providing room to grow and expand operations.
Ample Parking: With a parking ratio of 6 spaces per 1,000 sq. ft., your clients and employees will have convenient access to parking facilities.
Asking Rent: Priced at $35.00 per sq. ft., this property offers exceptional value for businesses seeking premium commercial space.
Highest & Best Uses: The property’s flexible zoning and versatile layout make it suitable for a variety of uses, including:
Banks & Credit Unions: Leverage the existing drive-thru for efficient service.
Restaurants: Capitalize on the ample space for indoor and outdoor dining.
Gas Filling Station: Serve the local community with a necessary service.
Professional Office Space: Ideal for businesses seeking an established location.
Pharmacy (with limitations on drive-thru usage): Cater to the healthcare needs of the community.
Grocery, Liquor & Package Store: Meet local demand for everyday essentials and specialty products.
Bars/Lounges/Nightclubs: Tap into the high disposable income and interest in food and entertainment.
Racket/Pickleball Courts: Take advantage of the high average age demographic with sports facilities.
Demographics: The surrounding area boasts affluent residents with an average income in six figures and a strong preference for spending on food and entertainment.
Potential for Redevelopment: For tenants interested in creating a custom space such as indoor/outdoor sports facilities (e.g., pickleball courts), the property offers the potential for redevelopment by removing the existing building.

Property Details

Year Built
1970
Property Subtype
Storefront Retail/Office

Highlights

  • heavy food traffic
  • ample parking
  • 2 story
  • large lot
  • drive-thru
  • minutes from the beach

FAQ

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