Three Leased Restaurants on 3.4 Acres
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Three Leased Restaurants on 3.4 Acres
3 Retail Properties Offered at $23,879,560 CAD in Davie, FL
Investment Highlights
- Explore 3.4 acres of RAC-TC zoned properties on Davie Road with NNN income and prime redevelopment potential.
- There are 490 feet of frontage along Davie Road/SW 64th Avenue and SW 41st Street, with six convenient curb cuts.
- Benefit from exposure to over 80,000 students at nearby Florida Atlantic University, Nova Southeastern University, and Broward College.
- Three negotiable leases with the existing land owner/operator for three restaurants boasting an annual income of $720,000.
- Ideal for a development company for partnership or outright sale to reimagine this area to align with Davie's downtown walkability strategy.
Executive Summary
Available for portfolio purchase is a unique investment opportunity featuring three standalone restaurant properties on 3.4 acres of prime commercial land at 4101, 4125, and 4155 SW 64th Avenue in the heart of Davie. The portfolio includes Sweet Alchemy Confectionery, a 5,060-square-foot establishment; Flashback Diner, a popular local chain spanning 3,864 square feet; and Chix & Brews, a recently renovated 2,525-square-foot property with a drive-thru. These properties are situated on 490 feet of frontage along Davie Road/SW 64th Avenue and benefit from six curb cuts, enhancing their accessibility.
With an impressive annual NNN income of $720,000, this portfolio offers negotiable leases with the existing land owner/operator. The properties are zoned RAC-TC, presenting a prime redevelopment opportunity aligned with Davie's vision for a walkable downtown area. This area is bustling, with over 80,000 college students from nearby institutions such as Florida Atlantic University, Nova Southeastern University, and Broward College.
Strategically positioned, the properties offer seamless access to major highways, including Interstate 595, Florida's Turnpike, S University Drive, and US Highway 441. Just 15 minutes from Fort Lauderdale Airport via Griffin Road, the properties benefit from enhanced visibility and access. Davie's lush, palm tree-filled landscape and unique blend of coastal and Western themes, coupled with its rich agricultural heritage, further elevate the appeal of this location. Take advantage of this opportunity, which is ideal for a development company or investor looking to capitalize on a prime mixed-use development site with options for partnership or an outright sale.
With an impressive annual NNN income of $720,000, this portfolio offers negotiable leases with the existing land owner/operator. The properties are zoned RAC-TC, presenting a prime redevelopment opportunity aligned with Davie's vision for a walkable downtown area. This area is bustling, with over 80,000 college students from nearby institutions such as Florida Atlantic University, Nova Southeastern University, and Broward College.
Strategically positioned, the properties offer seamless access to major highways, including Interstate 595, Florida's Turnpike, S University Drive, and US Highway 441. Just 15 minutes from Fort Lauderdale Airport via Griffin Road, the properties benefit from enhanced visibility and access. Davie's lush, palm tree-filled landscape and unique blend of coastal and Western themes, coupled with its rich agricultural heritage, further elevate the appeal of this location. Take advantage of this opportunity, which is ideal for a development company or investor looking to capitalize on a prime mixed-use development site with options for partnership or an outright sale.
Property Facts
| Price | $23,879,560 CAD | Number of Properties | 3 |
| Price / SF | $1,862 CAD / SF | Individually For Sale | 3 |
| Sale Type | Investment | Total Building Size | 12,824 SF |
| Status | Active | Total Land Area | 2.66 AC |
| Price | $23,879,560 CAD |
| Price / SF | $1,862 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 12,824 SF |
| Total Land Area | 2.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Chix & Brews
4155 SW 64th Ave, Davie, FL 33314 |
Retail | 3,185 SF | 1980 | $8,287,612 CAD |
|
Flashback Diner
4125 SW 64th Ave, Davie, FL 33314 |
Retail | 4,579 SF | 1978 | $8,287,612 CAD |
|
Sweet Alchemy Confectionary
4101 SW 64th Ave, Davie, FL 33314 |
Retail | 5,060 SF | 1991 | $8,287,612 CAD |
Sale Advisor
Sale Advisor
Toula Amanna, Founder/CEO
(954) 610-4570
Contact
Toula Amanna is the Chief Executive Officer of Regulus Alliance Corporation, a position she has held since December 2015. She is also the founder and CEO of Sweet Alchemy Confectionery since July 2015, and the CEO and founder of Deerfield Beach Cafe since March 2013. In addition to these roles, she owns Flashback Diner locations in Boca Raton, Davie, and Hallandale Beach, and leads Meridian Commercial Development. An immigrant from Athens, Greece, Toula has been in the United States since 1979, continuously pursuing education at Nova Southeastern University. Her ventures span multiple industries, and she is known for her resilience and adaptability, especially during the COVID-19 pandemic. Toula is deeply involved in her community and remains dedicated to her businesses' growth and success while maintaining a strong commitment to her employees and customers.
-
Toula Amanna - Regulus Alliance Corporation
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Three Leased Restaurants on 3.4 Acres
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