3135 W Broward Blvd Lauderhill, FL 33312
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This property is a large, 5,000 square foot second generation restaurant/bar situated on a 32,330 square foot lot. It is located directly on Broward Boulevard which provides great visibility. The building has a seating capacity of 221 people inside and has additional seating in the outside patio. There is a large parking lot with 40 parking spaces. The property comes equipped with a full commercial kitchen as well. This property is listed to sell at $358 p/sf. Enclosed in this offering memorandum are some recent sales showing average sale price in the area $490 p/sf. Recent lease comparable in the are show an average price of $36.20 p/sf NNN. At this rate, it would provide a very strong ProForma capitalization rate of 10%.
|3 weeks ago||Listing updated with changes from the MLS|
|3 weeks ago||Status changed to Pending|
|a month ago||Listing first seen online|