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Pompano Beach, FL - Starbucks & K9 Resorts

$7,995,000

3888 & 3895 North Federal Highway, Pompano Beach, FL 33064

Active
Last Updated: 06/16/2025

5.23

Cap Rate

418,353

NOI

Details:
Cap Rate:    5.23%
NOI:    $418,353
Zoning:    B-3: General Business
Description:

• Brand new NN 10-year lease with 4 (5-year) options to extend
• The lease features 10% rent increases very 5 years and at the beginning of each option period
• Signed lease by the corporate entity, Starbucks Corporation
• Today, with nearly 40,200 stores worldwide, the company is the premier coffee roaster and retailer of specialty coffee in the world

• Located at the signalized, hard corner intersection of N Federal Highway and NE 19th Ct averaging combined 59,900 VPD
• N Federal Highway / U.S. 1 is a major north–south United States highway
• Adjacent to Venetian Isle Shopping Center, anchored by Publix, which ranks in the 78th percentile (2,501 out of 11,387) of all nationwide neighborhood centers via Placer.ai
• The surrounding retailers include Staples, Michaels, Bealls, Walgreens, and more

Map:
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Today's Available Mortgage Rates

3888 & 3895 North Federal Highway, Pompano Beach, Florida 33064

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/20/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$27,711 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $0 Lender fees
Loan Amount $4,317,300 Loan Amount
BankLender #1068
7 Year Fixed
25 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$29,011 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $4,477,200 Loan Amount
BankLender #785
10 Year Fixed
25 Year Amortization
Interest rate 6% 10 Year Fixed
Mo. Payment$28,847 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $4,477,200 Loan Amount
Largest Commercial Real Estate Lending
Location
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