$7,000,000
$7,499,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1.9 Acres Lot
SOLD DATE : 12/18/2025
Key Details
Sold Price $7,000,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10501504
Sold Date 12/18/25
Total Fin. Sqft 82734
Year Built 1967
Tax Year 2024
Lot Size 1.899 Acres
Property Sub-Type Industrial
Property Description
Rare opportunity to acquire a fully leased, 100% NNN commissary kitchen and entertainment venue offering an 8% cap rate. Commissary kitchens are in high demand and hard to replicate due to high buildout costs and zoning hurdles—especially in urban areas. Located just east of I-95, the property services Downtown Fort Lauderdale, Oakland Park, and Wilton Manors within a 15–20 minute drive.
The property is occupied by two experienced tenants, providing stable income and credit strength. With one lease nearing expiration, there's potential for owner occupancy. Features include dock-height loading bays and ample surface parking, ensuring operational efficiency.
This turnkey asset combines strong cash flow with long-term flexibility in a high-growth, supply-constrained South Florida market.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning B-3
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Bought with Native Realty Co.
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