Freestanding Restaurant with Hood
New
For Sale
$1,100,000
165 Barton Blvd, Rockledge, FL 32955
Renovated restaurant infrastructure and a flexible dining layout support food-service operations.
Property Size5,087 SF
Lot Size1.15 Acres
Price / SF$216.24
Days on Market2
Property Features for 165 Barton Blvd
General Information
Standard status
Active
Size
5,087 SF
Lot size
1.15 Acres
Property subtype
Retail
Restaurant
Seating Capacity
120
Commercial Hood
Yes
Building Details
Building Size
5,087 SF
Year Built
1986
Buildings
1
Listing Agency:
Lightle Beckner Robison, Inc.
Listed By:
Vitor De Sousa, CCIM · License #FL #BK3478927
(321) 419-9088
Source:
Teamlbr
Added: Oct 16
Last Checked: Oct 16 at 2:30PM
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 Lightle Beckner Robison, Inc.
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Investment Insights
Based on property information with market context.
This freestanding restaurant occupies a 5,087-square-foot building on 1.15 acres. Renovations were completed between 2020 and 2021, and the property includes second-generation restaurant infrastructure and an approximately 13-foot hood system. Its current dining arrangement accommodates approximately 120 seats; an earlier bar configuration supported more than 160 seats.
The property is located along Barton Boulevard in Rockledge, Florida, with parking on site.
The property is located along Barton Boulevard in Rockledge, Florida, with parking on site.
Key Highlights
- 5,087‑square‑foot restaurant building on 1.15 acres
- Renovations completed between 2020 and 2021
- Approximately 13‑foot hood system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,759
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,180
$1.4M
Cap Rate 7%
$967,986
$968.0K
Cap Rate 9%
$752,878
$752.9K
Market Conditions
NOI Build-Up for 5,087 SF
Gross rent
$97.7K $19.20/SF
− Vacancy
−$7.3K −$1.44/SF
EGI
$90.3K $17.76/SF
− OpEx
−$22.6K −$4.44/SF
NOI
$67.8K $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%
$1,355,180
Cap Rate 7%
$967,986
Cap Rate 9%
$752,878
Alternative Uses
Best Use
Specialty Retail
$968.0K
$847.0K – $1.13M
NOI $67,759 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,947 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Renovated restaurant infrastructure and a flexible dining layout support food-service operations.
Where is this breakfast & diner located?
The property is located at 165 Barton Blvd Rockledge, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,087‑square‑foot restaurant building on 1.15 acres; Renovations completed between 2020 and 2021; Approximately 13‑foot hood system
