by Roberto Susi on September 14, 2018
September 14, 2018 -- Aventura based Sub Capital, LLC an affiliate of Axiom Capital Advisors purchased the 1,950 SF Free Standing Drive Thru restaurant at 500 E Oakland Park Blvd, Wilton Manors, FL.
The Seller was represented by Carolyn Isacovici from the Keyes Company, the Buyer was represented by Jason Yukins from Marcus & Millichap. The sale closed on September, 13, 2018. The property is located on the busy and well-traveled E Oakland Park Blvd, one of three main access points from I-95 to N Federal Hwy in Ft. Lauderdale. The building, sits on a 18,000 SF corner lot and features great visibility with 100 feet of frontage.
"The Free Standing Drive Thru restaurant is located in the heart of Wilton Manors, an established and expanding residential and retail market. According to FDOT estimates, the traffic count is approximately 50,000 cars. This purchase presents a great opportunity for us to capitalize on affordable rents as more regional and national tenants look for prime locations with prominent visibility." said Roberto Susi, Partner for Sub Capital, LLC.
Sub Capital, LLC affiliate Axiom Capital Advisors, is a full service commercial real estate brokerage providing advisory services including brokerage, landlord and tenant representation, as well as acquisition and consulting. Our focus is clearly centered on maximizing the value of a real estate asset. Whether serving in the capacity of broker, advisor, manager, owner or developer, our over forty five years of combined experience help leverage and combine knowledge, expertise and relationships for the benefit of our clients and projects. We have carved a niche in creating "off-market" opportunities which have proven invaluable in recent cycles.