Built-Out Quick-Serve Restaurant
106-1024 Highway A1a, Satellite Beach, FL
For Sale
$195,000
Modern 1,112 SF restaurant in a Publix-anchored plaza with NNN lease remaining and extensive existing foodservice equipment.
Property Size1,112 SF
Price / SF$175.36
Days on Market391
Property Features for 106-1024 Highway A1a
General Information
Standard status
Size
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Reach Commercial Real Estate
Listed By:
Cassandra Hartford · License #3296024
(321) 300-4773
Source:
Exprealty
Added: Oct 15, 2025
Changed: Nov 7
Last Checked: Nov 8 at 10:01AM
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 Reach Commercial Real Estate
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Investment Insights
Based on property information with market context.
This is a fully built-out 3 Natives franchise restaurant space totaling 1,112 SF. The interior is described as clean and modern and includes dine-in seating, online ordering, and pickup. Tenant-ready improvements are included and inventory covers key foodservice operations such as deli stations, walk-in and under-counter refrigeration, juicers, blenders, prep tables, shelving, POS system, and digital menu boards. Seating is provided for both indoor and patio use, and the sale is stated to include all FF&E as well as franchise rights, branding, and goodwill.
The space is located in Atlantic Plaza, a Publix-anchored center. It is positioned just off A1A in Satellite Beach, Florida, and the property is described as benefiting from strong daily traffic generated by neighboring businesses including Planet Fitness, McDonald’s, Subway, and Navy Federal. Nearby points named in the remarks include Satellite High and Holland Elementary, and the beach is noted as approximately 1.2 miles away.
For buyers and operators, the most practical fit is a party seeking a turnkey quick-serve restaurant with existing equipment and established operational components, paired with an NNN lease signed in 2022 and approximately seven years remaining. The owner sale includes franchise transfer items, but lease and franchise transfers are stated to be subject to approval.
The space is located in Atlantic Plaza, a Publix-anchored center. It is positioned just off A1A in Satellite Beach, Florida, and the property is described as benefiting from strong daily traffic generated by neighboring businesses including Planet Fitness, McDonald’s, Subway, and Navy Federal. Nearby points named in the remarks include Satellite High and Holland Elementary, and the beach is noted as approximately 1.2 miles away.
For buyers and operators, the most practical fit is a party seeking a turnkey quick-serve restaurant with existing equipment and established operational components, paired with an NNN lease signed in 2022 and approximately seven years remaining. The owner sale includes franchise transfer items, but lease and franchise transfers are stated to be subject to approval.
Key Highlights
- Built‑in‑2020, fully built‑out 1,112 SF Natives restaurant in a Publix‑anchored Atlantic Plaza
- NNN lease signed in 2022 with approximately 7 years remaining (lease/franchise transfers subject to approval)
- Rent approx. $3,500/month incl. CAM; additional rent listed as ops $3.00/SF, taxes $1.98/SF, insurance $0.36/SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,812
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,240
$296.2K
Cap Rate 7%
$211,600
$211.6K
Cap Rate 9%
$164,578
$164.6K
Market Conditions
NOI Build-Up for 1,112 SF
Gross rent
$21.4K $19.20/SF
− Vacancy
−$1.6K −$1.44/SF
EGI
$19.7K $17.76/SF
− OpEx
−$4.9K −$4.44/SF
NOI
$14.8K $13.32/SF
Area
Brevard County, FL
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,240
Cap Rate 7%
$211,600
Cap Rate 9%
$164,578
Alternative Uses
Best Use
Specialty Retail
$211.6K
$185.2K – $246.9K
NOI $14,812 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$293.4K
$256.7K – $342.3K
NOI $20,536 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 46%
ABC Fine Wine & Spirits
Groceries
9,573 visits/mo
0.3 miles
Mobil
Shops & Services
8,026 visits/mo
0.3 miles
Texaco
Shops & Services
3,136 visits/mo
0.3 miles
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
Similar Off Market Nearby
- Dunkin donuts — 565 Cassia Blvd, Satellite Beach, FL 32937
- Salty Bagel and Grill — 1124 Florida A1A, Satellite Beach, FL 32937
- Island Root Kava Bar Satellite Beach — 1024 Florida A1A #144, Satellite Beach, FL 32937
Frequently Asked Questions
What type of property is this?
Coffee shop - Modern 1,112 SF restaurant in a Publix-anchored plaza with NNN lease remaining and extensive existing foodservice equipment.
Where is this coffee shop located?
The property is located at 106-1024 Highway A1a Satellite Beach, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Built‑in‑2020, fully built‑out 1,112 SF Natives restaurant in a Publix‑anchored Atlantic Plaza; NNN lease signed in 2022 with approximately 7 years remaining (lease/franchise transfers subject to approval); Rent approx. $3,500/month incl. CAM; additional rent listed as ops $3.00/SF, taxes $1.98/SF, insurance $0.36/SF
