Jacaranda Plaza_Property for Sale
Jacaranda Plaza_Property for Sale

Jacaranda Plaza

8181 W Sunrise Blvd, Plantation, FL

Asset description

JLL is pleased to exclusively offer the opportunity to acquire Jacaranda Plaza, a dominant Publix-anchored neighborhood shopping center with 175,084 SF located in Plantation, Florida, an established, high-income suburban enclave in the heart of Broward County. Currently 97.9% leased to a strong mix of national and regional retailers including Publix, Ross Dress for Less, Five Below, Planet Fitness, and Dollar Tree. The Property offers substantial NOI growth (3.5% CAGR over 10 years) as in-place rents are, on average, 17% below market.


Situated at the intersection of W. Sunrise Boulevard and N. University Drive, Jacaranda Plaza benefits from combined 95,000 traffic counts. It is conveniently located just 4 miles from major highways, including I-595, I-95, I-75, and Florida’s Turnpike providing regional accessibility for an expanded trade area. The Property is nestled within a densely populated area of 191,750 residents with an average household income of $89,388 within a 3-mile radius.

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Attributes

Building area net
16,266 sm
Occupancy
97.9%
Year built
1974
Land area net
6.56 ha
WALT
4.8 years
Parking spaces
837

Media

Investment highlights

  • NATIONAL & REGIONAL TENANT LINE-UP
  • SIGNIFICANT RENT GROWTH POTENTIAL WITH UPCOMING RENEWALS
  • ESTABLISHED TENANCY WITH STRONG, STABLE CUSTOMER BASE
  • SECURE & GROWING CASH FLOW
  • ATTRACTIVE PRICING BELOW REPLACEMENT COST
  • STRATEGIC LOCATION WITH HIGH VISIBILITY AND ACCESSIBILITY
  • POWERFUL ECONOMIC DEMAND DRIVERS
  • SIGNIFICANT RESIDENTIAL GROWTH
  • ESTABLISHED, DENSE RETAIL CORRIDOR WITH LOW VACANCY RATES
Jacaranda Plaza 4_Property for Sale
Jacaranda Plaza 4_Property for Sale

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Jacaranda Plaza (0 Properties)

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Last updated
May 15, 2025