




For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by TSCG and powered by RealINSIGHT Marketplace, Village Shoppes is an 88,439 SF retail center offered as a ground leasehold interest at the signalized corner of Pines Boulevard and S. University Drive in Pembroke Pines, Florida. The center is anchored by O'Reilly Auto Parts' 33,018 SF Super Hub store (37% of GLA), which also supplies same-day inventory to surrounding stores, and includes two income-producing outparcels, Hooters and Metro PCS/FixExpress.com. The remaining shop space is leased to a granular mix of restaurants, personal services, and government tenants, with no non-anchor tenant occupying more than 7% of GLA, insulating the roster from e-commerce disruption. The property is 95.2% occupied, and in-place rents averaging $17.50 PSF sit well below market rents of $25 to $43 PSF across unit types, creating embedded upside as leases turn or step to market. The asset sits on a ground lease with Broward County at a fixed, below-market rent of $234,704 per year, a locked-in low occupancy cost basis relative to the property's income. Village Shoppes serves a dense, affluent trade area with 185,000 residents and $95,357 average household income within a ten-minute drive, in one of Broward County's most supply-constrained retail submarkets.
Due Diligence
Location
Village Shoppes sits at the signalized corner of Pines Boulevard and S. University Drive in Pembroke Pines, adjacent to North Perry Airport. Nearby demand generators include Pembroke Lakes Mall, Pembroke Gardens' 400,000 SF lifestyle center, and Publix-anchored Pembroke Commons, with Fort Lauderdale-Hollywood International Airport 14 miles away and Hollywood Beach 9 miles southeast.
Transaction Managers
Cooperating Broker Fee
Eligible brokers may receive a fee when representing the winning bidder.
2.00% co-op fee available
Learn more in the FAQsPlatform Fee
Buyer pays platform fee at closing.
5% or $25,000 minimum
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.