8000 Broward BlvdPlantation, FL 33388

Property Details for 8000 Broward Blvd

Year built

1967

Construction

CONCRETE

Lot size

9.64 AC

Property size (Sq ft)

139,820 SF

Zone code

M-PM

Property type

Retail properties

Property subtype

Other retail properties

APN

50-41-09-05-0050

APU

504109050050

Description

This exceptional investment opportunity presents a fully built-out, 774 sq ft food and beverage space within the bustling Plantation Mall food court. Boasting a state-of-the-art kitchen and two large walk-in freezers, this turnkey operation is ideal for an investor seeking immediate returns. The business, a well-established franchise, has thrived for over 13 years, benefiting from the high foot traffic of the mall. The space includes ample seating for 500 patrons, ensuring a comfortable dining experience. Recent upgrades to the mall's infrastructure and construction further enhance the property's value and appeal. The current operating hours are Monday-Thursday, 11 am to 9 pm

• CAP approach

  CAP return

  Valuation

  6%

  $61,106,364

  6.5%

  $56,405,876

  7%

  $52,376,884

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,090,176

  Geo Method

  $104,090,176

• Alternative Use

  Use

  Valuation

  Residential

  $47,580,468

  Hospitality

  $43,583,452

  Educational

  $36,260,920

  Medical

  $37,507,988

  Retail

  $56,405,876

Location Insight

City

Plantation

County

Broward

State

Florida

Latitude

26.1178

Longitude

-80.2566

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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