Restaurant Space in Jensen
For Sale
Contact for pricing
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.
(772) 236-7780
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
NOI $22,068 @ 7.0% cap · market cap 11.09%
Second Best
Specialty Retail
$229.6K
$200.9K – $267.8K
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
500k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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.