Property profile

Lauderdale-Rent inc Utilities and Trash Office Cafe For Sale In Ft Fort Lauderdale, FL 33309

OFF-MARKET
Retail properties & Spaces
2,200 SF
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Property summary

AI-generated overview

This thriving cafe, located in a Class A, ten-story Fort Lauderdale office building, is offered for sale at $175,000. The 2,200 square foot space boasts a fully equipped commercial kitchen including a six-foot exhaust hood, grills, fryer, and convection ovens. The cafe features seating for 40 guests and a comprehensive smallwares package. The incredibly low monthly rent of $1,639.09 includes all utilities, taxes, CAMs, and trash removal, contributing to high profit margins. Sales from February 13th, 2022 to December 31st, 2022 totaled $416,045.10, with consistent sales in 2024. The current lease expires July 31, 2025, with the opportunity to negotiate an extension. The cafe operates Monday through Thursday from 8:30 am to 3:30 pm, and until 2:30 pm on Fridays, serving breakfast and lunch to approximately 800 employees in the building (with capacity for over 1000). The business includes two full-time employees and offers significant potential for growth through catering and delivery services. The seller will provide two weeks of training at no cost. This is an exceptional opportunity to acquire a well-established, low-risk business with high returns in a prime location. The building itself comprises 216,038 square feet of office space across six floors, with four floors dedicated to parking. The cafe's menu, including all recipes, will transfer to the new owner. This is an asset sale

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,200 SF

Cap rate & NOI

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

Location

Lauderdale-Rent inc Utilities and Trash Office Cafe For Sale In Ft Fort Lauderdale, FL 33309
Fort Lauderdale metro
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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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