Entity Owned Property summary
The property is a restaurant space previously used for Mexican and Spanish cuisine and has operated for approximately 30 years. It is fully furnished and equipped and includes restaurant furnishings and equipment that are approximately 5 years old, along with a Toast point-of-sale system and handheld devices. The property is zoned B-2 and previously supported on-site dining with potential for outdoor seating. A liquor license (4 COP quota) was available under a separate arrangement. The lease structure described for the space is net (NNN), and the property includes ample free parking.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oakland Park, FLThe B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous a…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous a…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Oakland Park, FL.
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