Property summary
This thriving restaurant in West Palm Beach, Florida, presents a unique investment opportunity. Located within the bustling Super Walmart Plaza, alongside a Murphy Gas Station and other established businesses, this property benefits from exceptional visibility and high foot traffic. The restaurant itself is a proven income generator, consistently producing significant revenue. The sale includes all necessary equipment, appliances, and furniture, simplifying the transition for the new owner. Situated near several residential communities and a professional technology school, the location ensures a steady stream of potential customers. The current lease is transferable, offering significant cost savings with a low monthly rent of $4,761, which includes trash removal. Built in 2004, this business occupies a space within a larger plaza at 9940 Belvedere Road, West Palm Beach, FL 33411. The property's address is verified as 9940 Belvedere Road, in Palm Beach County. While the lot size is not specified, the consistent profitability and prime location make this a compelling investment opportunity for a savvy entrepreneur seeking a turnkey operation. The seller is motivated to sell due to the challenge of managing multiple restaurants simultaneously. This is a chance to acquire a well-established business with significant growth potential in a high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Nail Salon
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Take-out & Catering Catering Service
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose and intent of this district is to provide for a variety of general retailing and personal service commercial activities in centrally located or easily accessible areas consistent with the village's comprehens…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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
CG · Royal Palm Beach, FLThe purpose and intent of this district is to provide for a variety of general retailing and personal service commercial activities in centrally located or easily accessible areas consistent with the village's comprehens…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose and intent of this district is to provide for a variety of general retailing and personal service commercial activities in centrally located or easily accessible areas consistent with the village's comprehens…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Royal Palm Beach, FL.
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