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Sneakers Bar & Grill 2 Properties Offered at $3,590,000 in Lake Worth, FL
Investment Highlights
- Triple Net Investment
Executive Summary
327 & 331 N. Dixie Hwy. – Lake Worth.
2 Buildings total 5,549 sq. ft. on corner 0.37 acre lot.
Tavern 3,915 sq. ft. + 4 car garage and apartment 1,634 sq.ft.
Kitchen, Hood, Walk-in Cooler, Pantry. Lots of parking.
Established 40 years.
5 A.M. 4 COP Liquor License.
Very rare, only 2 in Lake Worth Beach.
Pays $ 20,303.93/mo. NNN
8.5% / yr. rental increases.
Just over 7 years and 10 months left on the lease + 4-year option.
ASKING PRICE: $ 3.59 M.
Business currently operating, selling real estate and lease only.
Shown by APPOINTMENT ONLY, Do not disturb tenant or you will be disqualified from purchasing this opportunity.
2 Buildings total 5,549 sq. ft. on corner 0.37 acre lot.
Tavern 3,915 sq. ft. + 4 car garage and apartment 1,634 sq.ft.
Kitchen, Hood, Walk-in Cooler, Pantry. Lots of parking.
Established 40 years.
5 A.M. 4 COP Liquor License.
Very rare, only 2 in Lake Worth Beach.
Pays $ 20,303.93/mo. NNN
8.5% / yr. rental increases.
Just over 7 years and 10 months left on the lease + 4-year option.
ASKING PRICE: $ 3.59 M.
Business currently operating, selling real estate and lease only.
Shown by APPOINTMENT ONLY, Do not disturb tenant or you will be disqualified from purchasing this opportunity.
Property Facts
| Price | $3,590,000 | Number of Properties | 2 |
| Price / SF | $639.81 / SF | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 5,611 SF |
| Status | Active | Total Land Area | 0.67 AC |
| Price | $3,590,000 |
| Price / SF | $639.81 / SF |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,611 SF |
| Total Land Area | 0.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 327 N Dixie Hwy, Lake Worth, FL 33460 | Flex | 1,634 SF | 1981 | - |
| 331 N Dixie Hwy, Lake Worth, FL 33460 | Retail | 3,977 SF | 1959 | - |
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Sneakers Bar & Grill