2501 N Federal Hwy - Fast Food FOR SALE


Pompano Beach, FL 33064- Outer Pompano Beach/Deerfield Beach
$8,729,154 USD
772-539-1153
2501 N Federal Hwy, Pompano Beach, FL for Sale
$8,729,154 USD
Fast Food - FOR SALE
1/4
null | 4.5% Cap Rate

2501 N Federal Hwy
Pompano Beach, FL 33064
Outer Pompano Beach/Deerfield Beach


OVERVIEW

Vero Capital Group is pleased to present an exclusive opportunity to acquire a net lease investment located at 2501 N Federal Highway, Pompano Beach, Florida. Built in 2023, the offering features a newly constructed 4,707 SF freestanding Raising Cane’s restaurant with drivethru, located on a prominent 2.03-acre parcel at North Federal Highway with a dedicated turn lane. The site benefits from exceptional visibility, dedicated turn lane, and over 48,000 vehicles per day along one of South Florida’s most active commercial corridors. It is surrounded by dense residential neighborhoods, major retail anchors (including Whole Foods, Walmart, HomeGoods, and ALDI), and offers immediate proximity to I-95, Downtown Pompano Beach, Lighthouse Point, and the greater Fort Lauderdale metro. The property is anchored by a 15-year absolute NNN corporate ground lease with Raising Cane’s Chicken Fingers, one of the fastest-growing quick-service restaurant brands in the United States. The lease includes five (5) 5-year renewal options and fixed rent escalations every five years during both base and option terms. Backed by a strong national brand and aggressive Florida growth strategy, this ground lease offers stable, long-term income with zero landlord responsibilities. In addition to the Raising Cane’s lease, the site includes two passive income streams that provide further cash flow diversification and investment stability: • Crown Castle Cell Tower (Can be purchased separately), in place since 1997, includes a confirmed rent increase in February 2026, reflecting the tenant’s continued operational commitment. As one of the largest wireless infrastructure REITs in the country (NYSE: CCI), Crown Castle offers institutional-grade credit and reliability. • Clear Channel Outdoor Billboard rounds out the revenue profile. This offering represents a unique opportunity to acquire a high-performing asset with three independent, contractually obligated income streams across unrelated sectors: QSR retail, communications infrastructure, and media advertising. With zero landlord obligations, long-term rent growth, and a prime South Florida location, this property provides secure, diversified, and passive cash flow backed by nationally recognized tenants.

FOR SALE DETAILS

PRICE

$8,729,154 USD

PRICE/SF

$2,567 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Raising Cane's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

B-3

APN/PARCEL ID

48-43-19-00-0290

ASK ABOUT THIS PROPERTY

Charles MoodyVero Capital GroupMore Info
772-539-1153

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Charles MoodyVero Capital GroupMore Info
772-539-1153

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