Operating Ice Cream Retail
New
For Sale
$315,000
8759 NW 50TH St 8, Lauderhill, FL 33351
An occupied unit supports an ice cream business with a kitchen, storage, and renovated restrooms.
Property Size707 SF
Price / SF$286.36
Days on Market3
Property Features for 8759 NW 50TH St 8
General Information
Standard status
Active
Size
707 SF
Property subtype
Commercial
Additional Details
Gross Income
$30,000
Taxes and HOA fees
Annual Taxes
$4,811
Building Details
Building Size
707 SF
Year Built
2003
Stories
1
Tenancy
Single
Listed By:
Omar H Williams
(954) 464-0049
Source:
Elliman
Added: Oct 4
Last Checked: Oct 5 at 7:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Omar H Williams
Investment Insights
Based on property information with market context.
This 1,100-square-foot retail unit in Casa Linda Strip Plaza is occupied by an operating ice cream shop. Its layout includes two built-in rooms, a kitchen area, storage, and renovated bathrooms. Tenant-installed equipment is in place, and the building dates to 2003.
The property has a Walk Score of 50, a Bike Score of 47, and a Transit Score of 36.
The property has a Walk Score of 50, a Bike Score of 47, and a Transit Score of 36.
Key Highlights
- 1,100‑square‑foot retail unit
- Occupied by an operating ice cream shop
- Two built‑in rooms, kitchen area, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,600
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,000
$372.0K
Cap Rate 7%
$265,714
$265.7K
Cap Rate 9%
$206,667
$206.7K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$29.0K $26.40/SF
− Vacancy
−$2.5K −$2.24/SF
EGI
$26.6K $24.16/SF
− OpEx
−$8.0K −$7.25/SF
NOI
$18.6K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,000
Cap Rate 7%
$265,714
Cap Rate 9%
$206,667
Alternative Uses
Best Use
Retail
$265.7K
$232.5K – $310.0K
NOI $18,600 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$558.1K
$488.3K – $651.1K
NOI $39,065 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Electronics 10%
Beauty & Spa 2%
Wendy's
Dining
13,194 visits/mo
0.5 miles
Marathon
Shops & Services
6,042 visits/mo
0.4 miles
Little Caesars Pizza
Dining
3,786 visits/mo
0.5 miles
Mobil
Shops & Services
3,482 visits/mo
0.0 miles
Metro by T-Mobile
Electronics
3,366 visits/mo
0.5 miles
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - An occupied unit supports an ice cream business with a kitchen, storage, and renovated restrooms.
Where is this retail space located?
The property is located at 8759 NW 50TH St 8 Lauderhill, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,100‑square‑foot retail unit; Occupied by an operating ice cream shop; Two built‑in rooms, kitchen area, and storage
