Three Leased Restaurants on 3.4 Acres Retail FOR SALE


Davie, FL
$17,000,000 USD
754-354-4399
, Davie, FL for Sale
$17,000,000 USD
Retail - FOR SALE
1/30
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Three Leased Restaurants on 3.4 Acres
Davie, FL


HIGHLIGHTS

  • Explore 3.4 acres of RAC-TC zoned properties on Davie Road with NNN income and prime redevelopment potential.
  • Three negotiable leases with the existing land owner/operator for three restaurants boasting an annual income of $720,000.
  • There are 490 feet of frontage along Davie Road/SW 64th Avenue and SW 41st Street, with six convenient curb cuts.
  • Ideal for a development company for partnership or outright sale to reimagine this area to align with Davie's downtown walkability strategy.
  • Benefit from exposure to over 80,000 students at nearby Florida Atlantic University, Nova Southeastern University, and Broward College.

OVERVIEW

Available for portfolio purchase is a unique investment opportunity featuring three standalone restaurant properties on 3.4 acres of prime commercial land at 4101, 4125, and 4155 SW 64th Avenue in the heart of Davie. The portfolio includes Sweet Alchemy Confectionery, a 5,060-square-foot establishment; Flashback Diner, a popular local chain spanning 3,864 square feet; and Chix & Brews, a recently renovated 2,525-square-foot property with a drive-thru. These properties are situated on 490 feet of frontage along Davie Road/SW 64th Avenue and benefit from six curb cuts, enhancing their accessibility. With an impressive annual NNN income of $720,000, this portfolio offers negotiable leases with the existing land owner/operator. The properties are zoned RAC-TC, presenting a prime redevelopment opportunity aligned with Davie's vision for a walkable downtown area. This area is bustling, with over 80,000 college students from nearby institutions such as Florida Atlantic University, Nova Southeastern University, and Broward College. Strategically positioned, the properties offer seamless access to major highways, including Interstate 595, Florida's Turnpike, S University Drive, and US Highway 441. Just 15 minutes from Fort Lauderdale Airport via Griffin Road, the properties benefit from enhanced visibility and access. Davie's lush, palm tree-filled landscape and unique blend of coastal and Western themes, coupled with its rich agricultural heritage, further elevate the appeal of this location. Take advantage of this opportunity, which is ideal for a development company or investor looking to capitalize on a prime mixed-use development site with options for partnership or an outright sale.

ASK ABOUT THIS PROPERTY

Toula AmannaRegulus Alliance CorporationMore Info
754-354-4399

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Toula AmannaRegulus Alliance CorporationMore Info
754-354-4399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.