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$ 750,000
Est. payment /mo
Active
1649 E Sample RD Pompano Beach, FL 33064
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10551435
HOA Y/N No
Year Built 1962
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Retail
Property Description
This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and highly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features above market annual rent escalations offering built-in inflation protection and above-market growth. The lease also does not include any renewal options, providing the new owner with future unilateral flexibility to dictate the long term plans with the property.
Location
State FL
County Broward
Community Shopping
Area 3321
Zoning B-3
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Common
Community Features Shopping
Roof Type Other
Total Parking Spaces 11
Building
Dwelling Type Retail,Warehouse
Story 1
Structure Type Block
Others
Tax ID 484318011280
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/1649-E-Sample-Rd-Pompano-Beach-FL-33064/unbranded
Listed by Daniel Ross Native Realty Co.
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