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    OFF-MARKET
    Retail properties & Spaces

    3569-3579 Dixie Hwy, Oakland Park, FL 33334

    5,135 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,135-square-foot restaurant property at 3569-3579 N Dixie Hwy, Oakland Park, Florida, 33334, presents a unique investment opportunity. Currently configured as a single restaurant, it boasts city-approved plans for conversion into fourteen individual commercial kitchen spaces, plus extensive covered outdoor dining areas. This adaptable design allows for either a single restaurant operation or a lucrative multi-tenant commercial kitchen complex. Projected annual gross income for the multi-tenant model conservatively exceeds $750,000, encompassing net, net, net (NNN) expenses, utilities, and sales tax. Additional revenue streams are possible through service fees on on-site dining orders. The current plans include an outdoor ordering counter, enabling patrons to enjoy meals from various on-site kitchens in the expansive outdoor space. The flexibility of the design allows a single restaurant operator to adapt the plans to their specific needs, potentially leasing out portions of the building for additional income generation. This Broward County location offers high visibility and accessibility, making it an ideal investment for both established and emerging food and beverage businesses. The asking price is $3,600,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,135 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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