Restaurant and Bar
For Sale
$3,000,000
298 Southhall Ln, Maitland, FL 32751
Restaurant/bar for sale near I-4 access in Maitland for operators seeking a central commercial setting.
Property Size4,831 SF
Days on Market93
Property Features for 298 Southhall Ln
General Information
Standard status
Active
Size
4,831 SF
Property subtype
Retail
Building Details
Building Size
4,831 SF
Year Built
2001
Listing Agency:
LQ Commercial Real Estate Services Orlando
Listed By:
Cynthia Shelton, CCIM, CRE · License #3357306
(407) 509-5290
Source:
Lqcre
Added: Jun 3
Changed: Sep 3
Last Checked: Sep 2 at 4:03PM
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 LQ Commercial Real Estate Services Orlando
Investment Insights
Based on property information with market context.
This property is offered for sale as a restaurant and bar use, positioned for food and beverage operations under a conventional restaurant format. The site size is 4,831 square feet, providing a dedicated commercial footprint for an operator looking for a dining-focused business environment.
The property is located in Maitland, Florida, just off Interstate 4. It sits on Southhall Ln and N Lake Destiny Rd, supporting straightforward access for patrons coming by car from the surrounding roadway network.
For buyers and tenant operators, this asset’s primary value is its fit for a restaurant or bar concept in a commonly trafficked area near I-4. The property is being marketed as a commercial real estate offering for food-and-beverage use, making it a practical option for those evaluating a site in Maitland with convenient highway adjacency. Please note that additional details such as unit configuration, interior condition, current improvements, or specific tenant features were not provided with the information available here, so due diligence will be needed to confirm the exact buildout and suitability for a particular concept.
The property is located in Maitland, Florida, just off Interstate 4. It sits on Southhall Ln and N Lake Destiny Rd, supporting straightforward access for patrons coming by car from the surrounding roadway network.
For buyers and tenant operators, this asset’s primary value is its fit for a restaurant or bar concept in a commonly trafficked area near I-4. The property is being marketed as a commercial real estate offering for food-and-beverage use, making it a practical option for those evaluating a site in Maitland with convenient highway adjacency. Please note that additional details such as unit configuration, interior condition, current improvements, or specific tenant features were not provided with the information available here, so due diligence will be needed to confirm the exact buildout and suitability for a particular concept.
Key Highlights
- Restaurant/bar for sale in Maitland, FL
- Year built: 2001
- Located just off Interstate 4 near S Outhall Ln and N Lake Destiny Rd
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
$93,170
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
3.11%
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%
$1,863,400
$1.9M
Cap Rate 7%
$1,331,000
$1.3M
Cap Rate 9%
$1,035,222
$1.0M
Market Conditions
NOI Build-Up for 4,831 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
$131.6K $27.24/SF
− Vacancy
−$7.4K −$1.53/SF
EGI
$124.2K $25.71/SF
− OpEx
−$31.1K −$6.43/SF
NOI
$93.2K $19.29/SF
Area
Orange County, FL
Vacancy
5.60%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
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%
$1,863,400
Cap Rate 7%
$1,331,000
Cap Rate 9%
$1,035,222
Alternative Uses
Best Use
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,170 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,234 @ 7.0% cap · market cap 3.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,236
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 48%
Shops & Services 30%
Dining 21%
7-Eleven
Shops & Services
8,836 visits/mo
0.1 miles
Sheraton Orlando North Hotel
Hotels & Casinos
8,662 visits/mo
0.3 miles
Applebee's
Dining
6,159 visits/mo
0.1 miles
Homewood Suites by Hilton Orlando-Maitland
Hotels & Casinos
3,384 visits/mo
0.1 miles
Extended Stay America - Orlando - Maitland - 1760 Pembrook Dr
Hotels & Casinos
1,993 visits/mo
0.5 miles
Demographics for 32751, FL
23,230
Population
10,730
Households
2.2
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
3,319
Density / Sq Mi
$94,277
Median Household Income
$51,357
Median Earnings
$1,841
Median Rent
$433,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Fredster's featuring Adrian Mann's Bar & Grill — 1720 Fennell St, Maitland, FL 32751
- Good Times Bar & Grill — 1720 Fennell St, Maitland, FL 32751
- Boar's Head — 1776 Pembrook Dr, Maitland, FL 32751
- An Tobar Irish Pub — 600 N Lake Destiny Rd First Floor, Maitland, FL 32751
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant/bar for sale near I-4 access in Maitland for operators seeking a central commercial setting.
Where is this bar & pub located?
The property is located at 298 Southhall Ln Maitland, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Restaurant/bar for sale in Maitland, FL; Year built: 2001; Located just off Interstate 4 near S Outhall Ln and N Lake Destiny Rd
