This is a rare opportunity to acquire a fully-leased, 100% NNN commissary kitchen and entertainment venue generating an attractive 8% cap rate. Commissary kitchens remain in high demand and are notoriously difficult to replicate due to costly buildouts and strict zoning, especially in central urban areas. This property is located just east of I-95, ideally positioned to service Downtown Fort Lauderdale, Oakland Park, and Wilton Manors, all within a short 15- to 20-minute drive radius.
The asset is currently 100% occupied by two seasoned tenants with established track records at the property, providing immediate rental income stability and credit strength. With one tenant near the end of the current lease terms, the property also offers the flexibility for potential owner occupancy, adding long-term versatility to the investment. Designed with functionality in mind, the property features dock-height loading bays to facilitate smooth food and supply deliveries, as well as ample on-site surface parking to support operational ease.
This turnkey asset blends strong in-place cash flow with long-term flexibility, making it a strategic acquisition in a supply-constrained, high-growth sector of South Florida.