3895 Federal Hwy - Restaurant FOR SALE


Pompano Beach, FL 33064- Outer Pompano Beach/Deerfield Beach
$4,757,000 USD
954-302-7365
3895 Federal Hwy, Pompano Beach, FL for Sale
$4,757,000 USD
Restaurant - FOR SALE
1/12
null | 5.15% Cap Rate

3895 Federal Hwy
Pompano Beach, FL 33064
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Starbucks: 10-Year Lease | Scheduled Rent Increases | NN Lease |Options to Extend | Leading QSR Operator
  • Signalized, Hard Corner Intersection | N Federal Hwy / U.S. 1 |Surrounding Retailers | Excellent Frontage and Access
  • Several New Developments | Strong Intrinsic Value in Real Estate
  • Strong Demographics 5-Mile Trade Area | Six-Figure Incomes |Annual Population Growth | Lighthouse Point

OVERVIEW

• Brand new NN 10-year lease with 4 (5-year) options to extend • The lease features 10% rent increases very 5 years and at the beginning of each option period • Signed lease by the corporate entity, Starbucks Corporation • Today, with nearly 40,200 stores worldwide, the company is the premier coffee roaster and retailer of specialty coffee in the world

FOR SALE DETAILS

PRICE

$4,757,000 USD

PRICE/SF

$1,740 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks - Fort Lauderdale (Pompano Beach)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B-3

APN/PARCEL ID

48-43-18-01-0211

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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