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Overseas Highway Restaurant Property
New
For Lease
$73 SF/Yr

105045 Overseas Hwy, Key Largo, FL 33037

Existing restaurant property with ground lease potential along a prominent Florida Keys commercial corridor.

Space SizeContact for details
Days on Market2

Property Features for 105045 Overseas Hwy

General Information

Standard status Active

Lease Terms

Lease Rate $73 /USD/SF/YR
Rent per SF/Year $73

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1949
Listing Agency: Real Estate Sales Force
Listed By: Harry Andrade · License #3223588
Source: Chenoregroup
Added: Sep 18 Last Checked: Sep 18 at 3:38PM

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 Real Estate Sales Force

Investment Insights

Based on property information with market context.

This restaurant property at 105045 Overseas Hwy in Key Largo is currently occupied by Zaika Indian Cuisine. The building dates to 1949 and offers an established commercial setting for continued restaurant use or a new concept, subject to applicable approvals.

Ground lease opportunities are being considered for restaurant, retail, convenience, and other commercial concepts. The property fronts Overseas Highway, providing exposure along a primary Key Largo route within the Florida Keys. Redevelopment or rebranding possibilities may be evaluated as part of a proposed lease structure.

Key Highlights

  • Established restaurant property at 105045 Overseas Hwy, Key Largo, FL 33037
  • Currently home to Zaika Indian Cuisine
  • Overseas Highway frontage in Key Largo

Property Analytics

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Current Use

Zaika key Largo ... Restaurant

Suggested Use

Top Pick HVAC Service Building Supply Restaurant Law Firm Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$10.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby
20k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Winn-Dixie Groceries
19,903 visits/mo 0.3 miles

Demographics for 33037, FL

13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant property with ground lease potential along a prominent Florida Keys commercial corridor.
Where is this conventional restaurant located?
The property is located at 105045 Overseas Hwy Key Largo, FL.
What is the lease rate?
The lease rate is $73 SF/Yr.
What are key features of this property?
This property features: Established restaurant property at 105045 Overseas Hwy, Key Largo, FL 33037; Currently home to Zaika Indian Cuisine; Overseas Highway frontage in Key Largo
More about this property
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