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Pembroke Pines, FL - For Eyes

$2,300,000

12890 Pines Blvd, Hollywood, FL 33027

Active
Last Updated: 04/07/2026

5.5

Cap Rate

126,492

NOI

Details:
Cap Rate:    5.5%
NOI:    $126,492
Building Size:    2,300 sqft
Lot Area:    0.46 acres
Year Built:    2000
Zoning:    (B-3) General Business
Description:

• Corporate-backed lease with Luxottica of America Inc., part of EssilorLuxottica the world’s largest eyewear company
• Tenant has operated at this location since 1998 (27+ years)
• The tenant is currently paying below market rents in Broward County

• The subject property is an outparcel to a Walmart Super Center and Publix-anchored center, benefitting from consistent daily traffic
• Located in one of Broward County’s largest and fastest growing suburban cities with close proximity to major demand drivers:
• Memorial Hospital West (120,000 SF cancer center expansion)
• City Center mixed-use development (+700 new residential units)
• Subject property ranks in the 90th percentile nationwide and 94th percentile in Florida according to Placer.ai

Map:
Location
Gallery