Investment Overview

The Dutch Pot Distribution Center, located at 1250 N State Rd 7, is offered at $3,650,000. This 8,458-square-foot commercial distribution center on a 30,014- square-foot parcel presents a cap rate of 6.84%. Dutch Pot is on a Triple Net (NNN) lease requiring minimal landlord responsibilities for roof and structure with seven years remaining on the lease term, ensuring steady cash-flow. The property is strategically positioned on a major state road in South Florida, benefiting from 48,500 vehicles per day and proximity to commercial hubs and retail centers. Nearby retailers include Mc. Donald's, Dunkin' Donuts, Goodwill, Dollar General, Wendy's, Firestone, Planet Fitness, Aldi's, and many more. The Subject Property falls within the City of Lauderhill and the Lauderhill State Road 7 Community Redevelopment Agency (CRA). The CRA seeks to improve traffic circulation, improve streetscape improvements, add residential and mixed-use development, and develop open space and park facilities. The Subject Property also benefits from its positioning behind the Broward County Regional Park and Cricket Field as it is a magnet for international tourism and housing development. Lauderhill, FL, is experiencing significant growth in residential and multifamily development, driven by rising demand for housing, strategic location, and favorable market conditions. The city’s population increase, bolstered by its proximity to major employment hubs and affordable living costs, has spurred a wave of new projects like the 529-unit Soleste Westgate by Estate Cos. Economic development efforts, high demand for rental properties, attractive investment opportunities, and proactive community development initiatives have collectively enhanced Lauderhill's appeal.