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    OFF-MARKET
    Warehouses

    0 State Rd, Tamarac, FL 33319

    1,200 SF Built 1987
    Property ID
    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
    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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