Palm Aire Marketplace - Grocery Anchored Shopping Center Listing Details & Market Data

Call For Offers:  Wednesday, November 2, 2022 by 5:00pm EST

The Colliers | South Florida Investment Services Team is pleased to exclusively offer for sale Palm Aire Marketplace, a 143,219 square foot grocery anchored shopping center located in Pompano Beach, Florida. The Property, which is 94.7% leased, is anchored by a soon to be open Presidente Supermarket and a recently opened dd’s DISCOUNTS (Ross Stores, Inc). In addition, the Property boasts an outstanding line up of national tenants --including CVS Pharmacy, Dollar Tree, Rainbow Shops, Bank of America, Chase Bank, McDonalds, Amscot, Rent-A-Center, Humana, UPS Store and T-Mobile—which is complemented by a number of high-quality local restaurants and shops that serve the trade area.

Palm Aire Marketplace is prominently positioned on 18.36 acres at the high traffic intersection of Powerline Road (+/- 49,000 VPD) and W. Atlantic Boulevard (+/- 52,000 VPD) in the heart of Broward County (South Florida MSA). The Property is strategically located between the Florida Turnpike and I-95 in the center of a growing trade area and adjacent to the 1,500-acre Palm Aire residential community.