Property profile

948 62Nd St Fort Lauderdale, FL 33334

OFF-MARKET
Other retail properties
Built 1982
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Property summary

AI-generated overview

This Peruvian restaurant space, established in 2002, is located in Fort Lauderdale, Florida, in the Cypress Creek/Oakland Park submarket. The premises provide approximately 2,500 square feet of interior area configured with a full service kitchen and a bar area, including seating for about 110 patrons. The kitchen includes a double hood connected to a full fire suppression system, a grease trap, and a dishwashing station. The space also includes a bar with coolers and a sink, and additional foodservice equipment such as a walk-in cooler, walk-in freezer, rotisserie grill, prep tables, burners, and built-in or installed shelving systems. There are two updated ADA-compliant bathrooms. The property includes a Wine & Beer License; the listing also references a lease structure that covers CAM, without preserving any specific pricing or term details.

Property profile

Verified
Property type Other retail properties
Year built 1982

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

Location

948 62Nd St Fort Lauderdale, FL 33334
Fort Lauderdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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