3500 N Andrews Ave Pompano, FL 33064

$5,500,000 USD.

3500 N Andrews Ave, Oakland Park, FL 33309, USA 26.27346236653485

3500 N Andrews Avenue Pompano, FL 33064

Native Realty is excited to bring this unique investment opportunity to market. The property is leased, on a NNN basis, to Andrews Charter School, which is operated by Edison Learning Center. Edison Learning operates 350+ schools around the world, and is respected in the industry for their proven business model.  The charter school has been on-site since 2011 with their current term running through 2021, with three, five-year renewal options. The charter school has received “Commendable” ratings by the School Board of Broward County in recent years, which are the highest ratings a school can receive.

 

The property features ample parking (6/1000), and is conveniently located next to Pompano’s Tri-Rail station, making it an ideal location for future redevelopment. The property’s B3 zoning, coupled with its large land area would make an ideal development site for Office, Retail, Self Storage or a Mixed-Use project in the future.

 

Building: 13,126 sq. feet

Land: 69,224 sq. feet (1.59 acres)

Zoning: B3

NOI: $375,000/year

Cap Rate: 6.82%

 

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Internal Features

  • 24 Hour Access

External Features

  • Ample Parking