MLS#: F10501504

$8,000,000 USD

The details

Property features

Construction details

  • Year built: 1967

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

Oakland Park, Florida
Courtesy of Jaime Sturgis Native Realty Co.