5640 N Federal Hwy, Fort Lauderdale, Florida 33308 (MLS# F10342202)
5640 N Federal HwyFort Lauderdale, Florida FL33308-2651
DO NOT DISTURB TENANTS $300k Price Drop for Quick Sale! Recent Appraisal at $2.6m in hand. One of kind retail plaza located directly on Federal Highway. 6,305 square feet split into 3 suites with 2 fully functional restaurants on site. ~$100,000 in Capital Improvements in the past 2 years include a full front refacing. Great opportunity for an owner user to purchase and occupy restaurant space or to release it at market rates. Suite 1 - 3,455 sqft Colombian Restaurant (can be split into 2,455 and 1,000 sqft units) Suite 2 - 350 sqft Print/Shipping Store Suite 3 - 2,500 sqft High End Sushi Bar and Grill with long term lease. 6% cap rate pro forma NOI $156,000.00 Recent appraisal and environmental study in hand. DO NOT DISTURB TENANTS