Property profile

1234 Golden Nugget Way confidential, FL 12345

OFF-MARKET
Commercial real estate
800 SF
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving Class A, 800-square-foot retail business for sale in Florida. Established in 2020, this metal detecting store boasts a strong online presence, selling products worldwide and currently an authorized dealer for leading brands including Minelab, Garrett, XP, Nokta, and more. Sales have shown consistent growth, exceeding 2023 figures by 36%. Located conveniently near the beach, the business benefits from a large potential customer base of beachgoers and retirees seeking exciting activities. The current lease expires January 31, 2025, with a remaining term of approximately two months. The well-laid-out store offers ample room for expansion, with potential for increased sales through the addition of detector rental services. The asking price is $99,900, representing a price per square foot of $124.88. With minimal direct competition and a significant opportunity for growth, this business presents a unique and lucrative investment prospect in a rapidly expanding market. The current owner has invested significant time and resources in building a successful business, providing a solid foundation for future success. This is a rare chance to acquire a well-established business with significant upside potential.

Property profile

Verified
Property type Commercial real estate
Total area 800 SF

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

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