Sunrise, FL 33351
- Commercial real estate
- 431 SF
- 0.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 1987
- Lot size
- 0.01 lot acres
- Property size
- 431 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 431-square-foot corner unit commercial property located in the vibrant heart of Sunrise, Florida. Priced at $200,000, this property offers immediate income generation through its existing tenant, a non-seating restaurant operating under a five-year lease agreement. The current tenant's established business ensures a consistent revenue stream for the foreseeable future, minimizing vacancy risks and maximizing return on investment. The property sits on a 0.01-acre lot, providing convenient access and visibility. The association fee covers essential utilities, including water, and comprehensive building insurance, reducing operational expenses for the owner. This turnkey investment is ideal for passive income seekers or those looking to expand their commercial real estate portfolio. The strategic location in Sunrise guarantees high foot traffic and potential for future growth. The non-seating restaurant format minimizes operational overhead for the tenant, contributing to the stability of the lease. This is a rare opportunity to acquire a profitable, established business with a long-term lease, offering immediate cash flow and significant potential for future appreciation. Don't miss this chance to secure a prime commercial property in a thriving Florida market. Contact us today to schedule a viewing and explore this lucrative investment opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sunrise
- County
- Broward
- State
- Florida
- Longitude
- -80.1038
- Latitude
- 26.1371