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Turn-Key Restaurant on Wilton Drive
For Sale
$2,750,000

2010 Wilton Drive Wilton, Fort Lauderdale, FL 33305

New construction restaurant for sale in the heart of Wilton Manors.

Property Size4,460 SF
Price / SF$616.59
Days on Market388

Property Features for 2010 Wilton Drive Wilton

General Information

Standard status Active
Size 4,460 SF
Total Parking Spaces 9
Property subtype Shopping Center / Retail
Zoning A & E DISTRICT

Building Details

Building Size 4,460 SF
Year Built 1972
Listing Agency: RE/MAX
Listed By: Nicholas Saavedra · License #3101270
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:42AM

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 RE/MAX

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Investment Insights

Based on property information with market context.

This is a new construction retail property, currently built out as a restaurant, located directly on Wilton Drive in the heart of Wilton Manors. The first floor features a main seating area, bar, sushi bar, two bathrooms, and a full kitchen. The kitchen is equipped with a walk-in cooler and freezer, dishwashing station, fryers, oven, stove, cook-top, ice machine, and a large hood. The upstairs bar area includes a floor-to-ceiling sliding glass door system that allows the interior area to open to a covered balcony overlooking Wilton Drive. The upstairs area also features exposed beam ceilings, two bathrooms, and an office. The sale includes furniture, fixtures, and a transferable SRX liquor license. The property is suitable for establishing a retail or dining establishment. The property size is 4,460 square feet.

Key Highlights

  • Turn‑key New Construction Retail/Restaurant directly on Wilton Drive.
  • Fully equipped commercial kitchen with walk‑in cooler/freezer.
  • Transferrable Liquor License (SRX).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,785
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,795,700 $1.8M
Cap Rate 7%
$1,282,643 $1.3M
Cap Rate 9%
$997,611 $997.6K
Market Conditions
NOI Build-Up for 4,460 SF
Gross rent
$128.4K $28.80/SF
− Vacancy
−$8.7K −$1.96/SF
EGI
$119.7K $26.84/SF
− OpEx
−$29.9K −$6.71/SF
NOI
$89.8K $20.13/SF
Area
Fort Lauderdale, FL
Vacancy
6.80%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,795,700
Cap Rate 7%
$1,282,643
Cap Rate 9%
$997,611

Alternative Uses

Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,785 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$1.13M
$993.1K – $1.32M (±1% cap)
NOI $79,446 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M (±1% cap)
NOI $209,798 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Violet's and Zen's Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Dental Office Florist Tanning Salon Daycare Center

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

1,884
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 19% Apparel 11%
7-Eleven Shops & Services
12,635 visits/mo 0.5 miles
Dairy Queen Dining
5,611 visits/mo 0.1 miles
Mobil Shops & Services
4,197 visits/mo 0.5 miles
Chevron Shops & Services
3,701 visits/mo 0.5 miles
Out of the Closet Apparel
3,090 visits/mo 0.1 miles

Demographics for 33305, FL

12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
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 Fort Lauderdale, FL

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Turn key restaurant - New construction restaurant for sale in the heart of Wilton Manors.
Where is this turn key restaurant located?
The property is located at 2010 Wilton Drive Wilton Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Turn‑key New Construction Retail/Restaurant directly on Wilton Drive.; Fully equipped commercial kitchen with walk‑in cooler/freezer.; Transferrable Liquor License (SRX).
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