The commercial kitchen investment strategy will conservatively produce +/-$750,000 gross income per year, inclusive of NNN/utilities/sales tax. There is also potential income in collecting service fees on all orders received for on-site dining. The current plans call for an outdoor ordering counter to order from any of the menu’s being cooked on-site, for patron’s to enjoy in the outdoor space. The plans are also adaptable for a Single Restaurant to change the plans to their liking, including the option to deliver part of the building for income producing purposes in commercial kitchen spaces adjacent to their own interior/outdoor dedicated F&B space
Oakland Park, FL, 33334
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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