1840 E Atlantic Blvd - Fast Food FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$1,700,000 USD
561-706-7721
1840 E Atlantic Blvd, Pompano Beach, FL for Sale
$1,700,000 USD
Fast Food - FOR SALE
1/19
null | 4.4% Cap Rate

1840 E Atlantic Blvd
Pompano Beach, FL 33060
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • 165’ frontage on E. Atlantic Hwy
  • 40,013 Total Cars Atlantic Blvd.
  • $74,800 NOI. CAP Rate 4.4%.
  • 3 folios

OVERVIEW

First time available for sale. 3 folios one being operated as a Wendy’s in the heart of Pompano Beach. Site is 3 blocks west of Federal Hwy and boasts a high traffic count of 40,013. Close to numerous national retail establishments. This Wendy’s was built in 1975 and has one of the longest tenancies in the area. Wendy’s has (2) 5 year options to 2039. 165’ frontage on E. Atlantic Hwy. TO-EOD. Permitted uses would include high-density mixed-use developments, including residential units, professional offices, retail sales, Restaurants/ Café’s and personal services, while encouraging pedestrian-friendly amenities and structured parking.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$794 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,100 SF

ZONING

TO-EOD

APN/PARCEL ID

48-42-36-01-2880

ASK ABOUT THIS PROPERTY

John McQuestonCampbell and Rosemurgy Real EstateMore Info
561-706-7721

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

John McQuestonCampbell and Rosemurgy Real EstateMore Info
561-706-7721

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