This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and highly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features above market annual rent escalations offering built-in inflation protection and above-market growth. The lease also does not include any renewal options, providing the new owner with future unilateral flexibility to dictate the long term plans with the property.
| MLS # | F10551435 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 228 |
| Listing Provided By | Native Realty Co. | Daniel Ross |
| Story(s) | 1 |
|---|---|
| Units | 1 |
| Zoning | B-3 |
| Acreage | 0.13 |
| Lot Features | Less Than Quarter Acre |
|---|
| Parking Features | Common |
|---|
| Community Features | Shopping |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33064 |
| Area | 3321 |
| Subarea | NDIX North Broward Us1 To Dixie Hwy (3311 3342) |
| Listing VS Median (in 33064) | |
Price: $750,000 low | high Med: $179,900 On site: 228 low | high Med: 10 | |
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33064 |
| Area | 3321 |
| Subarea | NDIX North Broward Us1 To Dixie Hwy (3311 3342) |
| Listing VS Median (in 33064) | |
Price: $750,000 low | high Med: $179,900 On site: 228 low | high Med: 10 | |