$ 7,000,000.00

1431 N Federal Hwy Fort Lauderdale FL 33304



  • Date added:
    09/25/20
  • Post Updated:
    2020-09-25 07:02:02
  • MLS #:
    F10214908
  • Type:
  • Listing Type:
    Exclusive Agency
  • Status:
  • Building Name/Number:
    Sublime
  • Board:
    BeachesMLS
  • Data Last Updated:
    2020-09-25T02:45:05.057
  • Courtesy of:
    Level Realty Partners, LLC

Description

Originally a Shoney’s restaurant that was mostly demolished and rebuilt in 2002. A 2nd story office space was added above a porte-cochère, and a lot of other unique improvements were made. The previous restaurant owner operated in the space for 16 years, and kept her office on the 2nd floor.

The ideal tenant would assume the entire property, but separating the spaces is possible for a tenant with strong credit. Current asking rent is $50NNN for the 8200sf restaurant space and $30NNN for the 2800sf office space. Blended is $44.90psf for all 11,000sf (the entire property). $493,900.00 annually

  • Broker Remarks: Tenant reps secured at 3% of the net initial lease term.

View on map / Neighborhood

  • County: Broward County
  • Directions: Between Wild Fork and Rooms to Go
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)

Property Details

  • ADOM: 178
  • Original List Price: 50
  • Subdivision Complex Bldg: Sublime
  • Section: 36
  • Legal Description: 36-49-42 S 200 OF FOL DESC PROP,TO WIT: BEG AT PT 135 E OF SW COR OF NW1/4,N ON E/L E BLVD 1320,E 330 THENCE S 1320,W 330 TO POB,LESS S 236
  • Parcel #: 494236000086
  • Virtual Tour: https://my.matterport.com/show/?m=gffXjnTYBFs&mls=1

Fees and Taxes

  • Tax Year: 2019

Disclaimer

Listing Courtesy of: Level Realty Partners, LLC   © 2018 Realtors® of the Palm Beaches and Greater Fort Lauderdale. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state laws.   Data Last Updated: 2020-09-25T02:45:05.057