A strip mall with multiple storefronts including Stop & Save Food Store, Insurance, Immitax, Fitness, and MGMT, with a parking lot in front containing two cars, trees, and a blue sky.
Parking lot in front of a store with signs for food, insurance, and fitness. Two cars are parked, one gray and one white. The store has a blue roof and glass windows.
Parking lot in front of a store called 'STOP N SAVE FOOD STORE' with parking spaces, including a designated handicapped spot, and several cars parked. The store has signage for insurance, fitness, and massage services, and the environment has trees a
Aerial view of a commercial area with a building, parking lots, tennis courts, and surrounding greenery with water features and trees.
Aerial view of a parking lot with yellow border, adjacent to a building with white roof, surrounded by palm trees, in Deerfield Beach, Florida, with tennis courts and a tall blue water tower in the background.
Aerial view of a commercial area with parking lots, tennis courts, and adjacent greenery, with Powerline Road labeled diagonally across the image.

Investment Opportunity - Quiet Waters Shops

  • 100% Leased Asset: Fully occupied property ensuring stable cash flow.

  • Strong Returns: Competitive 5.80% cap rate supported by an annual NOI of $130,500.

  • Prime Location: Strategically positioned in Deerfield Beach, FL, with 134 feet of frontage on 4th St, offering excellent visibility and steady traffic.

  • Versatile Format: Freestanding property with 5,249 SF on a 0.30-acre lot, suitable for multiple retail uses under B-1 zoning.

  • Convenient Parking: 16 dedicated spaces (3.05 per 1,000 SF), providing easy access for both tenants and customers.

  • Value-Add Potential: Solid Class C building constructed in 1987, with opportunities for future repositioning and appreciation.

Location

404-414 S Powerline Rd, Deerfield Beach, FL

 

More Details

Leasable Area:
Lot Size:
Year Built:
Parking:
NOI:
Cap Rate:
Rent Psf

5,249 sf
13,068 sf
1987
16
$130,500 (10,875/mo)
5.80%
$24.86

Price
$2,250,000 ($428/sf)

Floor Plans
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