0 Confidential Mexican Restaurant Davie Plantation, FL 33324
This exceptional turnkey restaurant opportunity in Plantation, Florida, presents a rare chance to acquire a thriving Mexican eatery. Located in Broward County, at a confidential address in Davie, FL 33324, this Class A, 2,515 square foot establishment boasts a fully remodeled interior and a coveted 4COP SFS full liquor license. The property is currently operating under a triple net (NNN) lease with a remaining term of approximately 3.9 years, commencing October 1, 2023, and expiring September 30, 2028. The lease includes rent bumps of 4% and two 5-year renewal options. The restaurant features a 10-foot kitchen hood, a walk-in cooler, a fully remodeled bar, new lighting, tables, chairs, and updated bathrooms. Outdoor seating accommodates an additional 20 guests. Currently operating at 100% occupancy, this business is ready for a new owner to step in and continue its success. The chef-inspired menu and cocktails are already established, providing a solid foundation for continued growth. The property is zoned for commercial use and is a single-story building. The asking price for this exceptional opportunity is $590,000. This is an owner/user investment, with the business sale only included.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
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