Property profile

0 State Rd Tamarac, FL 33319

OFF-MARKET
Warehouses
1,200 SF Built 1987
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a well-established Asian prepared foods business in Lauderdale Lakes, Florida. Located at N STATE RD, 33319, this 1,200 square foot property, built in 1987, boasts a prime location with readily available natural gas. The business, operating for 34 years, enjoys 100% occupancy and a strong reputation built on a loyal customer base throughout Florida. The sale includes all existing state-of-the-art equipment, a company car, established vendor relationships, and a reliable supplier network. The business model is primarily wholesale (90%), supplemented by retail sales (10%). A comprehensive training program of up to three months is offered to ensure a smooth transition for the new owner. The asking price is $2,300,000, with a remaining lease term of 5 years. This is a rare chance to acquire a profitable, long-standing business with significant brand recognition and immediate revenue generation. The property is classified as retail and industrial, encompassing restaurant, bar, and warehouse subtypes. This single-tenancy property offers a unique blend of established operations and significant growth potential. The business's history of success, coupled with its prime location and comprehensive support system, makes this an attractive investment opportunity.

Property profile

Verified
Property type Warehouses
Year built 1987
Total area 1,200 SF

Cap rate & NOI

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

Location

State Rd Tamarac, FL 33319
Tamarac metro
Google Maps

Value estimations

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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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