7910 W. McNab Road, North Lauderdale, FL 33068 - Promenade Shoppes

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List Price

$15,800,000

PSF

$398.5

Cap Rate

6.07%

Lot Size

4.46 AC

Key Highlights

2018 Class A Construction - Impact windows, a concrete roof under warranty, 16-foot clear height, and a 200-space parking lot resurfaced in 2025 (5.04 spaces per 1,000 SF) make this a well maintained, low cap-ex asset.

Walmart Shadow-Anchored - ±40,000 SF Neighborhood Center adjacent to a Walmart Supercenter and surrounded by El Car Wash, Burger King, AutoZone and AT&T. The center's 17 bays house service-oriented tenant mix of restaurants, services, and a medical user.

Established Tenancy Since 2018 - 13 of 17 tenants (76% of GLA) have been in place for nearly the entirety of the property’s operating history since its 2018 development.

Attractive Seller Financing - Seller Financing at 5.5% Interest-Only with 40% Down for a 5-year term provides a cash-on-cash return of over 6.9%.

A Growing Corridor - Located on West McNab Road, which carries over 46,000 vehicles per day, the property is less than 2 miles from HCA Hospital and 10-minutes from FTL Executive Airport. With 31,000 residents within a 1-mile radius, the property is well positioned to benefit from continued growth.

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7910 W. McNab Road, North Lauderdale, FL 33068 - Promenade Shoppes

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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap (including Marcus & Millichap Real Estate Investment Services, Inc. and its affiliated entities and subsidiaries) and distribution to any other person or entity without the express written consent of Marcus & Millichap is strictly
prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Marcus & Millichap has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all the information set forth herein.

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