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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 University Dr Fort Lauderdale, FL 33306

Built 2012
Property ID
Property summary
AI-generated overview

This exceptional free-standing Mediterranean restaurant in Parkland, Florida, presents a unique investment opportunity for culinary entrepreneurs and EB-5 visa investors. Located on University Drive, zip code 33306, this stunning establishment boasts a picturesque lakefront setting and offers a vibrant dining experience celebrating the diverse flavors of Italy, Greece, France, and Spain. Built in 2012, the restaurant features expansive seating areas capable of accommodating over 250 guests, with 70+ tables currently in place. The sale includes significant equipment, enhancing the turnkey nature of this acquisition. This includes a walk-in cooler, a walk-in freezer, eight refrigerators, and specialized event equipment. The business currently employs 25 people and has established itself as an award-winning culinary destination known for its unparalleled service. The asking price for this remarkable property is $769,000. This is a rare chance to acquire a thriving, established restaurant with significant potential for continued growth and success in a desirable location. The property's lot size is not specified.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2012
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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