3151 Powerline Rd
Oakland Park, FL 33309
Denny's - Lowe's Outparcel - Miami MSA · Retail Property For Sale

" 20 Year Absolute Net Lease " Very Low Rent and Price Point " Strong Intrinsic Value - Lowe's Outparcel " Outstanding Location With Close To 100,000 Vehicles Per Day " Over 400,000 Full Time Residents With An Average Hhi Over $67,000, Annually " Minutes From Down Town Fort Lauderdale And The Hollywood International Airport Marcus and Millichap is pleased to exclusively offer this absolute triple net Denny' s restaurant located in Oakland Park, Florida just four miles north of down town Fort Lauderdale and minutes from the Hollywood International airport. This absolute net leased, passive investment consists of a 5,954 SF building situated on just over a half acre and strategically located as an outparcel to a Lowes Home Improvement Center just off the Signalized intersection of East Oakland Park Boulevard and Powerline Road with a combined traffic count close to 100,000 vehicles per day. The subject property is at the first signalized intersection, a quarter mile east of US Interstate 95 with more than a half a million vehicles per day. There are over 400,000 full time residents with an average house hold income of over $67,000 annually in the immediate market area. There are currently just over nineteen years remaining on the original 20 Year Absolute Net No Landlord Responsibilities Lease with twelve percent increases every five years including the two five year Option Periods; backed by a strong personal guarantee for the entire lease.