Property Description
Vision Real Estate Advisors, as exclusive advisor, is pleased to present the opportunity to acquire Powerline Shopping Center (the Property), a fully occupied, 14,534 square foot neighborhood retail center spread across three buildings in the heart of Broward County. Situated on a 1.5 acre site at 4010-4054 NW 9th Avenue (Powerline Rd) in Fort Lauderdale, Florida, the Property represents a rare opportunity to acquire a versatile retail asset positioned along one of the area’s premier north-south commercial corridors.
The Property features a highly functional micro-bay layout, with seven of the nine units measuring under 2,200 square feet and six measuring 700 square feet or lower. These small-bay footprints are exceptionally easy to lease and highly desirable to a wide array of tenant types. Atlantic Food Store acts as the essential neighborhood convenience and grocery store for the immediate submarket, complemented by established service tenants including Advance Security, Deliverance Church, ESS Employers, and Armstrong Insurance.
A standout feature is the middle building, a former furniture store that was completely gut-renovated with high-end interior finishes, conference rooms, and a rear roll-up door for seamless deliveries. This building also includes a distinctive glass tower extension originally designed as an elevated showroom, which now provides high-rising signage directly visible to Interstate 95 commuters.
From an operational standpoint, all tenants operate on NNN leases, directly reimbursing their fair share of taxes, insurance, and common area maintenance. This fully net-leased structure shields investors from rising operating expenses and preserves net income over the holding period.
Positioned directly on Powerline Road, the center captures nearly 29,000 vehicles per day and features 615 feet of direct street frontage, ensuring fantastic visibility for every unit. Access is fast and convenient via three separate entry points, and the site includes an expansive parking field with an impressive ratio of 5.2 spaces per 1,000 RSF to easily accommodate diverse business uses. Surrounded by 135,000 residents in a 3-mile radius, Powerline Shopping Center stands as a premier daily-needs retail asset in Central Broward.
