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Building Description
Executive Summary
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Vision Real Estate Advisors, as exclusive advisor, is pleased to present the opportunity to acquire Powerline Shopping Center (the Property), a fully occupied, 14,534 square foot neighborhood retail center spread across three buildings in the heart of Broward County. Situated on a 1.5 acre site at 4010-4054 NW 9th Avenue (Powerline Rd) in Fort Lauderdale, Florida, the Property represents a rare opportunity to acquire a versatile retail asset positioned along one of the area's premier north-south commercial corridors.
The Property features a highly functional micro-bay layout, with seven of the nine units measuring under 2,200 square feet and six measuring 700 square feet or lower. These small-bay footprints are exceptionally easy to lease and highly desirable to a wide array of tenant types. Atlantic Food Store acts as the essential neighborhood convenience and grocery store for the immediate submarket, complemented by established service tenants including Advance Security, Deliverance Church, ESS Employers, and Armstrong Insurance.
A standout feature is the middle building, a former furniture store that was completely gut-renovated with high-end interior finishes, conference rooms, and a rear roll-up door for seamless deliveries. This building also includes a distinctive glass tower extension originally designed as an elevated showroom, which now provides high-rising signage directly visible to Interstate 95 commuters.
From an operational standpoint, all tenants operate on NNN leases, directly reimbursing their fair share of taxes, insurance, and common area maintenance. This fully net-leased structure shields investors from rising operating expenses and preserves net income over the holding period.
Positioned directly on Powerline Road, the center captures nearly 29,000 vehicles per day and features 615 feet of direct street frontage, ensuring fantastic visibility for every unit. Access is fast and convenient via three separate entry points, and the site includes an expansive parking field with an impressive ratio of 5.2 spaces per 1,000 RSF to easily accommodate diverse business uses. Surrounded by 135,000 residents in a 3-mile radius, Powerline Shopping Center stands as a premier daily-needs retail asset in Central Broward.
Building Specifications
CityOakland Park, FL
ZIP Code33309
ZoningPRZD
Year Built1974
Gross Leasable Area14,534 SF
Total Building SF7,914 SF
Frontage385’ on NORTH POWERLINE ROAD 385’ on NORTH POWERLINE ROAD 45’ on NW 40th St 385’ on NORTH POWERLINE ROAD
Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,685
Population
$69,205
Median Household Income
40
Median Age
1,182
Households
$279,300
Median Home Value
Household Income of 1,182 households
<$50k428 36%
$50–100k544 46%
$100–150k71 6%
$150k+139 12%
Age of 3,685 residents
Under 18934 25%
18–34656 18%
35–541,184 32%
55–64502 14%
65+409 11%
Trade-Area Rings · Distance from Property
Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
18,258
population
6,769 households
$88,087 avg income
3 Miles
141,093
population
56,436 households
$87,303 avg income
5 Miles
432,185
population
175,535 households
$93,665 avg income
Frontage Traffic vs. Palm Beach County's Busiest Roads
This property fronts NW 9th Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
270,000vehicles / day on NW 9th Ave (AADT)
◆ NW 9th Ave270,000
I‑95 (interstate)255,000
Florida Turnpike95,000
Okeechobee Blvd62,000
US‑1 / Federal Hwy46,000
Military Trail40,000
This frontage carries about 106% of I‑95's volume — exceptional highway‑level exposure. County roads shown are approximate peak AADT.