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Property profile & analytics
OFF-MARKET Estimated value $2,910,000
Retail space

2060 University Dr 2100 Pembroke Pines, FL 33024-3608

15,180 SF 1.64 ac lot Built 1976
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4699234
Property summary
AI-generated overview

This exceptional retail opportunity presents a well-established Indian grocery store located at 2060 N University Drive, Pembroke Pines, FL 33024. Built in 1976, this business has thrived for over 25 years, cultivating a loyal customer base within the local community. The property is situated in a high-traffic area, ensuring consistent customer flow. The store offers a wide array of products, including spices, teas, fresh produce, and traditional sweets, catering to the diverse needs of its clientele. The business boasts a strong reputation for quality and authenticity, making it a cornerstone of the local Indian community. This turnkey operation provides a unique opportunity for an investor seeking a profitable and established business in a prime location. The asking price is $160,000. While the lot size is not specified, the business itself is a significant asset with a proven track record of success. This is an excellent chance to acquire a thriving business with substantial growth potential in a vibrant and growing market. The property's address is easily accessible and benefits from high visibility. This established business offers a rare opportunity to step into a ready-made, successful enterprise.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction CONCRETE
Total area 15,180 SF
Lot 1.64 ac (71,431 SF)
Zoning code (B-3)
APN 51-41-09-11-0016
UPID US18-4699234
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.25M
Comparable Approach Comparable
$1.96M
Blend (final) Blend
$2.91M
Owner & transaction history
Gator Sheridan INC · 8 yrs held
Gator Sheridan INC
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
(B-3) · Pembroke Pines, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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