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    FOR SALE
    Turn key restaurants

    1122 W Broward Blvd, Fort Lauderdale, FL 33312

    1,656 SF 0.18 ac lot Built 1954
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US18-9179703
    Property summary
    AI-generated overview

    This exceptional 58,000 square foot retail space is ideally situated within a brand-new, state-of-the-art mixed-use community in the heart of Doral. The property is zoned 9450 PLAN MIXED USE and features a single-tenant occupancy. This presents a unique opportunity for a sports retail store to establish a presence within a vibrant and rapidly growing area. The building itself is a spectacular clubhouse offering an extensive array of amenities designed to attract a large and dedicated membership base. These amenities include a cutting-edge gym with spinning and Pilates classes, a juice bar, multiple party rooms, a relaxing spa and massage area, medical services, and a substantial rooftop terrace complete with recreational spaces, a swimming pool, barbecue area, and a bar. The clubhouse boasts nearly 2,000 mandatory members, providing a built-in customer base for the retail tenant. The property's APN is 35-30-08-030-0020. The monthly rental lease is $1,925. This is a rare chance to secure a prominent retail location within a thriving community with a guaranteed high volume of potential customers. The property's size and the clubhouse's extensive amenities create an unparalleled opportunity for a successful retail venture. Don't miss this chance to be part of a dynamic and growing community.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1954
    Construction CONCRETE
    Total area 1,656 SF
    Lot 0.18 ac (7,875 SF)
    Zoning code B-1
    APN 50-42-09-09-2460
    UPID US18-9179703
    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
    Current use
    Occupant on record · Public records
    • Chen's Garden Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Chens Building LLC · 17 yrs held
    Chens Building LLC
    since 2008
    1 recorded transaction
    2008
    $640,000
    Zoning & alternative use
    B-1 · Fort Lauderdale, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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