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Restaurant Space in Jensen Beach
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3305-3359 NW Main Ave, Jensen Beach, FL

Fully equipped restaurant space with 20-year lease in Jensen Beach.

Property Size1,200 SF
Lot Size2.14 Acres
Price / SF$165.83
Days on Market1073

Property Features for 3305-3359 NW Main Ave

General Information

Standard status Active
Size 1,200 SF
Lot size 2.14 Acres
Property subtype RETAIL
Listing Agency: Jeremiah Baron & Co.
Listed By: Matthew Mondo · License #SL3445909
Source: Moodyscre
Added: Aug 23, 2023 Changed: Jul 10 Last Checked: Jul 21 at 3:05AM

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 Jeremiah Baron & Co.

Investment Insights

Based on property information with market context.

This property offers an opportunity to acquire the 20-year lease for a fully equipped restaurant space located in Jensen Beach. The 1,200-square-foot restaurant includes a pizza oven, walk-in cooler, 3-compartment sink, commercial mixer, and stainless steel prep tables. The restaurant also features a check-out/take-out counter, indoor seating, and a grease interceptor. The surrounding area includes the Treasure Coast Mall, various national and local retailers, and residential properties.

Key Highlights

  • Fully equipped restaurant space ready for immediate operation.
  • Includes valuable equipment: pizza oven, walk‑in cooler, commercial mixer, and more.
  • 20‑year lease available.

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $23.0k $19.20
− Vacancy −$1.6k −$1.34
EGI $21.4k $17.86
− OpEx −$5.4k −$4.46
NOI $16.1k $13.39
1,200 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Retail
$315.3K
$275.9K – $367.8K (±1% cap)
NOI $22,068 @ 7.0% cap · market cap 11.09%
Second Best
Specialty Retail
$229.6K
$200.9K – $267.8K (±1% cap)
NOI $16,070 @ 7.0% cap · market cap 8.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Storage Facility

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

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
500k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Apparel 29% Shops & Services 26% Home Improvements & Furnishings 9%
Macy's Apparel
52,090 visits/mo 0.5 miles
McDonald's Dining
37,806 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
37,183 visits/mo 0.1 miles
Hobby Lobby Shops & Services
36,816 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
34,191 visits/mo 0.4 miles

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Fully equipped restaurant space with 20-year lease in Jensen Beach.
Where is this restaurant located?
The property is located at 3305-3359 NW Main Ave Jensen Beach, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Fully equipped restaurant space ready for immediate operation.; Includes valuable equipment: pizza oven, walk‑in cooler, commercial mixer, and more.; 20‑year lease available.
(772) 236-7780 Call to check price and availability
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