Property profile

5256 University Dr Tamarac, FL 33319

OFF-MARKET
Retail properties & Spaces
Built 1993
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Property summary

AI-generated overview

This thriving restaurant and bar located at 5256 N University Dr, Lauderhill, FL 33319, presents a fantastic investment opportunity. Built in 1993, this retail space is fully equipped and ready for immediate operation. The asking price is $89,000. All necessary licenses and permits are currently active, eliminating the hassle and expense of obtaining new ones. The sale includes all existing equipment and fixtures, allowing for a seamless transition for the new owner. Situated in Broward County, this property benefits from a convenient location in a high-traffic area. The business is categorized as a restaurant and bar, offering a versatile space with potential for various culinary concepts. This turnkey operation minimizes start-up costs and allows for immediate revenue generation. The property's prime location and existing infrastructure make it an attractive proposition for experienced restaurateurs or first-time business owners seeking a profitable venture. The sale includes all existing equipment and fixtures, ensuring a smooth transition and immediate operational readiness. Don't miss this exceptional opportunity to acquire a fully operational and licensed restaurant and bar in a desirable location. The property is ready for a new owner to step in and continue its success.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Location

5256 University Dr Tamarac, FL 33319
Tamarac metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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