550 S Federal Hwy., Dania Beach, FL
Others for Sale - $3,000,000 - 4,270 Sq. Ft. on 22505 acres

Agent Info
Name | Adam Von Romer |
Company | Century 21 KoRes Commercial |
Property Info
CIMLS # | 1032963 |
Location | 550 S Federal Hwy. Dania Beach FL 33004 |
Last Updated | November 29th, 2018 |
Type | Others |
Price | $3,000,000 |
Building | 4,270 Sq. Ft. |
Land | 22505 acres |
Demographics | View data |
Contact
Property Description
The subject property is located at 550 S Federal Hwy., Dania Beach, FL. The franchise which operates is Dunkin’ Donuts had been at this location for over 11 years. Dunkin’Donuts is an established and recognized franchise for more then 60 years. The building was built in 1995 and made of concrete block brick veneer, it has 4,270 sf. situated on 22,505sf. lot. Features SFED-MU zoning, which is Mixed -Use District and applies to hotels, developments of up to two (2) commercial or industrial establishments, and institutional developments within a commercial or industrial zoning district. The zoning encourages medium-intensity redevelopment of the corridor with a mix of retail, office, residential. The property is in very good condition and the business in operating. It has a lease agreement until January 2028, the percent increase is 10% every 5 years and includes renewal options for 4 to 5 years. The property is situated just minutes from the Hollywood-Fort Lauderdale International Airport, I-595, I-95 the Florida Turnpike and the Sawgrass expressway.
Financials
Cash. 1031 Exchange