Restaurant with Equipped Kitchen and
For Sale
$599,000
100-6996 Piazza Grande Ave, Orlando, FL 32835
Operating restaurant with licensed bar, seating, and service areas for dine-in, takeout, and catering.
Property Size5,780 SF
Price / SF$103.63
Days on Market210
Property Features for 100-6996 Piazza Grande Ave
General Information
Standard status
Active
Size
5,780 SF
Property subtype
Business Opportunity
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$18,561
Listing Agency:
BLAIR REALTY GROUP INC
(321) 438-6228
Listed By:
Nesterine Blair-Brandon · License #3031985
(321) 438-6228
Source:
Exprealty
Added: Jan 13
Changed: Aug 11
Last Checked: Aug 11 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BLAIR REALTY GROUP INC
Investment Insights
Based on property information with market context.
This 5,780-square-foot operating restaurant in Orlando includes a fully equipped commercial kitchen, bar, seating areas, and an efficient arrangement supporting dine-in, takeout, and catering service. The premises carry beer and wine and liquor licenses, providing established beverage-service infrastructure alongside the restaurant improvements.
The property is positioned within a plaza in MetroWest with visibility and on-site parking. It is also located near Valencia Community College, adding a recognizable nearby institution to the surrounding context. The existing configuration combines food preparation, bar service, customer seating, and multiple service formats within one restaurant property.
The property is positioned within a plaza in MetroWest with visibility and on-site parking. It is also located near Valencia Community College, adding a recognizable nearby institution to the surrounding context. The existing configuration combines food preparation, bar service, customer seating, and multiple service formats within one restaurant property.
Key Highlights
- 5,780‑square‑foot operating restaurant in Orlando
- Fully equipped commercial kitchen and bar
- Beer and wine and liquor licenses in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,289
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$645,780
$645.8K
Cap Rate 7%
$461,271
$461.3K
Cap Rate 9%
$358,767
$358.8K
Market Conditions
NOI Build-Up for 5,780 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.6K $8.76/SF
− Vacancy
−$4.5K −$0.78/SF
EGI
$46.1K $7.98/SF
− OpEx
−$13.8K −$2.39/SF
NOI
$32.3K $5.59/SF
Area
Orlando, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$645,780
Cap Rate 7%
$461,271
Cap Rate 9%
$358,767
Alternative Uses
Best Use
Specialty Retail
$1.74M
$1.52M – $2.03M
NOI $121,608 @ 7.0% cap · market cap 20.30%
Second Best
Industrial
$461.3K
$403.6K – $538.2K
NOI $32,289 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,336 @ 7.0% cap · market cap 21.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,745
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Chevron
Shops & Services
11,612 visits/mo
0.2 miles
Taco Bell
Dining
7,805 visits/mo
0.2 miles
Pet Supermarket
Shops & Services
6,525 visits/mo
0.2 miles
Truist
Shops & Services
5,284 visits/mo
0.2 miles
NYPD Pizza
Dining
3,814 visits/mo
0.3 miles
Demographics for 32835, FL
45,380
Population
19,377
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$70,183
Median Household Income
$38,953
Median Earnings
$1,764
Median Rent
$333,000
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with licensed bar, seating, and service areas for dine-in, takeout, and catering.
Where is this conventional restaurant located?
The property is located at 100-6996 Piazza Grande Ave Orlando, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,780‑square‑foot operating restaurant in Orlando; Fully equipped commercial kitchen and bar; Beer and wine and liquor licenses in place
