comissary|kosher + fda/usda · p17 220 sw 31st st., fort lauderdale, fl 33315 comparable sales...
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COMISSARY|KOSHER + FDA/USDA220 SW 31st Street, Fort Lauderdale, FL
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P2
PROPERTY SUMMARY
SUMMARYThis is a great catering facility; formerly owned by Gate Gourmet, a USDA-certified
airline food service company. This is a Commercial Kitchen facility with one large main
kitchen and 3 smaller full kitchens. This single-story building is approximately 9,353sf
(8,800 under air) and it sits on 18,597sf of land. It has 2 loading docks, 3-Phase
Power, 3 additional exterior storage trailers, 2 commercial water heaters, 2 NEW air
conditioners.
The Seller has owned this facility for over 6 years and has outgrown the building; it’s
time to sell.
PHOTO
HIGHLIGHTS• Premium Location
• USDA/FDA Facility
• 2 Loading Docks
• Gas Lines & Propane Gas
• 4 Kitchens
• 4 Coolers/Freezers
• Ample Parking
• Side Yard for expansion
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P3
The material contained in this Offering Brochure is furnished
solely for the purpose of considering the purchase of the
property within and is not to be used for any other purpose. This
information should not, under any circumstances, be
photocopied or disclosed to any third party without the written
consent of Alterra Realty Group or Property Owner, or used
for any purpose whatsoever other than to evaluate the possible
purchase of the Property.
The only party authorized to represent the Owner in connection
with the sale of the Property is Alterra Realty Group. No other
person is authorized by the Owner to provide any information or
to make any representations other than contained in this
Offering Brochure. If the person receiving these materials does
not choose to pursue a purchase of the Property, this Offering
Brochure must be returned to Alterra Realty Group or if
received electronically, it should be deleted.
Neither Alterra Realty Group nor the Owner make any
representation or warranty, express or implied, as to the
accuracy or completeness of the information contained herein,
and nothing contained herein is or shall be relied upon as a
promise or representation as to the future representation of the
Property. This Offering Brochure may include certain statements
and estimates with respect to the Property. These Assumptions
may or may not be proven to be correct, and there can be no
assurance that such estimates will be achieved. Further, Alterra
Realty Group and the Owner disclaim any and all liability for
representations or warranties, expressed or implied, contained
in or omitted from this Offering Brochure, or any other written or
oral communication transmitted or made available to the
recipient. The recipient shall be entitled to rely solely on those
representations and warranties that may be made to it in any
final, fully executed and delivered Real Estate Purchase
DISCLAIMER
Agreement between it and Owner.
The information contained herein is subject to change without notice
and the recipient of these materials shall not look to Owner or Alterra
Realty Group nor any of their officers, employees, representatives,
independent contractors or affiliates, for the accuracy or completeness
thereof. Recipients of this Offering Brochure are advised and
encouraged to conduct their own comprehensive review and analysis
of the Property.
This Offering Brochure is a solicitation of interest only and is not an
offer to sell the Property. The Owner expressly reserves the right, at its
sole discretion, to reject any or all expressions of interest to purchase
the Property and expressly reserves the right, at its sole discretion, to
terminate negotiations with any entity, for any reason, at any time with
or without notice. The Owner shall have no legal commitment or
obligation to any entity reviewing the Offering Brochure or making an
offer to purchase the Property unless and until the Owner executes
and delivers a signed Real Estate Purchase Agreement on terms
acceptable to Owner, in Owner’s sole discretion. By submitting an
offer, a prospective purchaser will be deemed to have acknowledged
the foregoing and agreed to release the Owner and Alterra Realty
Group from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any
prospective purchaser, any prospective purchaser should not rely on
any such correspondence or statements as binding Owner. Only a fully
executed Real Estate Purchase Agreement shall bind the property and
each prospective purchaser proceeds at its own risk.
P4Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315
1. PROPERTY INFORMATION▪ Executive Summary ▪ Complete Highlights
2. LOCATION INFORMATION▪ Location Maps▪ Site Plan▪ Survey▪ Zoning Summary▪ Traffic Study▪ Environmental Report Summary
4. DEMOGRAPHICS▪ Market Summary▪ Regional Competing Properties▪ Nearby Cities & Infrastructure▪ Economy▪ Labor / Employers
3. SALE COMPARABLES▪ Sale Comps Summary▪ Sale Comps▪ Sale Comps Map
5. PROPERTY PHOTOS▪ Exterior Photos▪ Interior Photos▪ Illustrations▪ Aerial Photos▪ Additional Photos
6. BROKER & BROKERAGE
TABLE OF CONTENTS
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P5
1. PROPERTY INFORMATION
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P6
EXECUTIVE SUMMARY
SUMMARYThis is a great catering facility; formerly owned by Gate Gourmet, a USDA-certified
airline food service company.. This single-story building is approximately 9,353sf
(8,800 under air) and it sits on 18,597sf of land. It has 2 loading docks, 3-Phase
Power, 3 additional exterior storage trailers, 2 commercial water heaters, 2 NEW air
conditioners. The sale can include all the furniture and kitchen fixtures depending
upon price. There are also 3 coolers and a freezer. The property has both Propane
Gas Lines & Tanks are available and in use at the property.
There is a twin-T concrete roof with CBS construction; fire detection; dropped ceilings
at approximately 9 feet. In addition to the kitchens, there are a few dry storage areas,
and plenty of cold storage. The building was renovated in 2012 and has updated
office space and kitchen areas.
PHOTO
HIGHLIGHTS• Premium Location
• USDA/FDA Facility
• 2 Loading Docks
• Gas Lines & Propane Gas
• 4 Kitchens
• 4 Coolers/Freezers
• Ample Parking
• Side Yard for expansion
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P7
SUMMARYThe property is well situated in the industrial area of Croissant Park. The
property is a short drive to Hollywood | Fort Lauderdale International
Airport and just down the road for Port Everglades. This area is centrally
located; only minutes from I-595 and I-95. Downtown Fort Lauderdale is
minutes away.
PHOTO
HIGHLIGHTS• Premium Location
• Close to Fort Lauderdale Airport
• Close to Port Everglades
• Close to 595
• Short distance to 95 and major roads
• High-traffic industrial area
• Well-suited for this use
LOCATION OVERVIEW
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P8
PROPERTY OVERVIEW
SUMMARYAddress:
220 SW 31st Street, Fort Lauderdale, FL 33315
Buildings:
1 building, 9,300sf
GLA:
8,777 Square Feet
Lot Size:
18,597, Square Feet
Year Built:
1974
PHOTO
HIGHLIGHTS• Premium Location
• USDA/FDA Facility
• 2 Loading Docks
• Gas Lines & Propane Gas
• 4 Kitchens
• 4 Coolers/Freezers
• Ample Parking
• Side Yard for expansion
• Ample Office Space
• Separate Office for USDA Inspector
Property Tax (Tax Year):
$9,335, 2017
Street Frontage:
145 Linear feet
Parking Spaces:
30 +/-
Occupancy :
100%; Owner Occupied
Number of Tenants:
1
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P9
2. LOCATION INFORMATION
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P10
LOCATION MAP
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P11
LOCATION MAP
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P12
SURVEY
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P13
FLOOR PLAN
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P14
ZONING
INDUSTRIAL, MEDIUM USE
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P15
ENVIRONMENTAL STUDY
SUMMARYThere is currently no available ESA.
PHOTO
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P16
3. SALE COMPARABLES
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P17
COMPARABLE SALES SUMMARY
Subject Property Price Bldg Size Price/sf
Commercial Kitchen $1,690,000.00 9,800sf $172.45
220 SW 31st St
Fort Lauderdale, FL 33315
SALE COMPS Price Bldg Size Price/sf
Piccadilly Cafeteria $1,200,000.00 12,678sf** $**
7200 N University Dr
Tamarac, FL 33321
** SOLD FOR LAND VALUE ONLY - City of Tamarac Bought 3 acres to build new fire station
SALE COMPS Price Bldg Size Price/sf
4142 N 28th Terrace $1,200,000.00 6,576sf $182.48
Hollywood, FL 33020
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P18
Transaction Details:o Property Name: Commercial Kitchen
o Size (GLA): 9,800 SF
o Sale Price:$1,690,000
o Year Built: 1970
o Property Size: 18,731 SF
o Anchor Tenants: Owner Occupied
o % Leased: 100%
o Details: (Buyer/Seller) CAP
COMPARABLE SALES
Transaction Details:o Property Name: Piccadilly Cafeteria
o Size (GLA): 12,678 SF
o Sale Price: $1,200,000
o Price psf: $94.65
o Year Built:
o Property Size
o Anchor Tenants:
o % Leased:
o Details: (Buyer/Seller) CAP
Transaction Details:o Property Name:
o Size (GLA):
o Sale Price:
o Price psf:
o Year Built:
o Property Size
o Anchor Tenants:
o % Leased:
o Details: (Buyer/Seller) CAP
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P19
COMPARABLE SALES MAP
2
1
3
Subject Property
220 SW 31st St.
Fort Lauderdale, FL 33315
7200 N University Dr
Tamarac, FL 33321
4142 N 28th Terrace
Hollywood, FL 33020
2
3
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P20
4. DEMOGRAPHICS
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P21
MARKET OVERVIEW SUMMARY
SUMMARYFort Lauderdale is a city on Florida's southeastern coast, known for its beaches and
boating canals. The Strip is a promenade running along oceanside highway A1A. It's
lined with upscale outdoor restaurants, bars, boutiques and luxury hotels. Other
attractions include the International Swimming Hall of Fame, with pools and a
museum of memorabilia, and Hugh Taylor Birch State Park, featuring trails and a
lagoon.
The area is home to a recently expanded air port and one of the busiest seaports in
the world.
PHOTO
HIGHLIGHTS• South Florida
• Less than 1 mile from the airport
• Less than 1 mile from the seaport
• Centrally located
Add any additional language
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P22
(Hollywood,
highways
a
a
WHAT’S NEARBY
SUMMARY• Fort Lauderdale / Hollywood International Airport
• Port Everglades
• Minutes from Downtown Fort Lauderdale
• Approximately 1 mile from I-95 and I-595
• Surrounded by Mariner servicers
PHOTO
HIGHLIGHTS• Premium Location
• Anchored by…
• Upside Potential…
• Strong Demographics..
• Excellent Condition..
• Financing – property offered free & Clear
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P23
DEMOGRAPHICS
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P24
5. PROPERTY PHOTOS
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P25
VIEW ANGLE HERE
Front of Bldg Main Kitchen
Sub-Kitchen Reception
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P26
VIEW ANGLE HERE
Loading Kitchen
Side yard Aerial
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P27
VIEW ANGLE HERE
Office Office
Sales Floor Surveilance
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P28
6. BROKER & BROKERAGE BIOS
Information contained herein has been secured from sources believed; however, we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
220 SW 31st St., Fort Lauderdale, FL 33315P29Page 29
Alterra Realty Group is a real estate brokerage, located in South Florida, offering full service to
clientele. We are dedicated to delivering the best service in Residential & Commercial Leasing,
Buying, Selling, and Management.
Our agents & assistants have a wide breadth of experience, from foreclosure and architecture to lending and
education. With endless referral sources, such as Environmental Assessment and Cost Segregation to Attorneys
and Inspectors, we can help and guide buyers and sellers through their transactions.
We also offer Expert Real Estate Valuation services. We analyze value of purchases, sales, and holdings for
litigation, tax planning, and even bank matters. We work with CPAs, Business Analysts, Banks, and Attorneys. We
can assist in the following areas:
● Expert Witness Testimony ● Litigation Support ● Loan Modifications ● Estate and Tax Planning
● Tax Valuation ● Wills & Probate
When working with a Seller, we don’t simply take a listing. We will either perform a cursory listing analysis,
showing what’s listed, what’s sold and suggest a list price; or we will prepare a complete pre-listing analysis
illustrating current use, highest & best use and many other details which will end up in a final marketing
prospectus.
When working with a Buyer we will interview them for specifics which will make their transaction ideal, be it part of
the process or the end result – the right building, the right location and the right price.
Bram Leland Scolnick founded Alterra Realty Group in 2005 with the sole purpose of doing things his
way – clients first. Bram offers a unique level of real estate expertise combined with an uncommon level
of professionalism. Bram is a licensed real estate broker, offering thorough service from start to finish,
focusing personally on commercial real estate. He has completed a variety of transactions including
luxury retail centers, multi-tenant office properties and vast warehouse spaces throughout Florida. Bram
has an extensive business background providing him with great insight to what matters most in a
transaction, the client. His established relationships with complimentary service professionals, combined
with an expansive professional network of resources provide a unique advantage to his clients.
Bram completed his BFA in 1992 and a BArch in 1993, both from Rhode Island School of Design. His
extensive work in architecture is a unique compliment to his current services. He has owned an
import/export company which manufactured products in Asia and Mexico for nearly 5 years. He co-
founded an Internet company in 1999 which later sold in 2001, just before beginning a real estate
career. Bram’s diverse background has helped him understand what it means to not only own, but run a
business. Most importantly, he learned how to cater to the needs of his clients. His unique background
is one of his most valuable professional assets.
Today’s market can be a challenge. In order to navigate the complex decisions involved in today’s real
estate market requires the guidance of a professional. Bram is committed to service with an emphasis
on accountability, reliability, timeliness and enthusiasm. Bram provides his clients information and
experience necessary to assist them in making real estate investment decisions throughout the
changing market cycles.
Office:
Fax:
Mobile:
Email:
954.302.6368
954.241.6715
305.778.8499
BRAM LELAND SCOLNICK