Commissary Kitchen Building + Food Yard 3569-3579 N Dixie Hwy

Investment Highlights

Executive Summary

Metro 1 Commercial is pleased to present the Commercial Kitchen & F&B Asset located at 3569 N Dixie Hwy, Oakland Park, FL. The current owner has City Approved Plans to deliver 14 Commercial Kitchen Spaces inside the building, as well as expansive covered outdoor space for on-site dining. The commercial kitchen investment strategy will produce over $750,000 gross income per year, inclusive of NNN/utilities/sales tax. There is also potential income in collecting service fees on all orders received for on-site dining, in-effect treating the outdoor space as an additional revenue stream to the property owner. The current plans call for an outdoor ordering counter to pick from any of the menu's being cooked on-site, and for patron's to enjoy while on-site in the outdoor space.The plans are also adaptable for a Single Restaurant to change the plans to their liking, including the option to deliver part of the building for income producing purposes in commercial kitchen spaces adjacent to their own interior/outdoor dedicated F&B space.

• Sale Type    Investment or Owner User
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    6,000
• Building Class    C
• Year Built/Renovated    1973/2022
• Price    3,895,000
• Price Per SF    649
• Percent Leased    14
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.63
• Land Acres    0.22 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Air Conditioning