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Turnkey Restaurant and Sports Bar
For Sale
$2,790,000

3770 S Nova Road, Port Orange, FL 32129

Restaurant built in 2016 with commercial kitchen, dining and bar areas, and on-site executive office.

Property Size8,520 SF
Price / SF$318.86
Days on Market164

Property Features for 3770 S Nova Road

General Information

Standard status Active
Size 8,520 SF

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $36,206

Amenities

Restaurant
Other

Building Details

Building Size 8,520 SF
Year Built 2016
Listing Agency: Coldwell Banker Commercial Benchmark
Listed By: Holly Booth · License #3540789
Source: Evrealestate
Added: Apr 29 Changed: Sep 26 Last Checked: Oct 7 at 12:16PM

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 Coldwell Banker Commercial Benchmark

Investment Insights

Based on property information with market context.

This restaurant property is currently operating as a restaurant, sports bar, and craft beer concept. The building was constructed in 2016 and is described as being in excellent condition, totaling approximately 8,750 SF. The layout includes a fully equipped, operational commercial kitchen, expansive dining and bar areas, and approximately 1,500 SF of executive office space used as the owner’s corporate office.

The offering is being sold with the restaurant operation remaining open; however, the proprietary name and branding do not convey. The property is designed for efficient restaurant operations and includes strong visibility, ample parking, and convenient access.

The executive office component provides flexibility and may be converted to private dining, banquet, or event space, supporting multiple ways to use the interior footprint within the existing plan.

Key Highlights

  • Restaurant property built in 2016 in excellent condition, totaling approximately 8,750 SF
  • Fully equipped, operational commercial kitchen included for day‑to‑day restaurant operations
  • Expansive dining and bar areas plus an on‑site executive office of approximately 1,500 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$132,872
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,657,440 $2.7M
Cap Rate 7%
$1,898,171 $1.9M
Cap Rate 9%
$1,476,356 $1.5M
Market Conditions
NOI Build-Up for 8,750 SF
Gross rent
$192.2K $21.96/SF
− Vacancy
−$15.0K −$1.71/SF
EGI
$177.2K $20.25/SF
− OpEx
−$44.3K −$5.06/SF
NOI
$132.9K $15.19/SF
Area
Volusia County, FL
Vacancy
7.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,657,440
Cap Rate 7%
$1,898,171
Cap Rate 9%
$1,476,356

Alternative Uses

Best Use
Specialty Retail
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,872 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M (±1% cap)
NOI $180,600 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

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

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby
349k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 32% Shops & Services 32% Apparel 13% Groceries 12%
Publix Groceries
42,624 visits/mo 0.3 miles
Wawa Shops & Services
35,438 visits/mo 0.2 miles
McDonald's Dining
28,808 visits/mo 0.2 miles
Ross Dress for Less Apparel
24,316 visits/mo 0.1 miles
Big Lots Superstores
20,678 visits/mo 0.3 miles

Demographics for 32129, FL

21,594
Population
11,991
Households
1.8
Avg Household Size
50
Median Age
25%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
2,879
Density / Sq Mi
$65,936
Median Household Income
$39,226
Median Earnings
$1,538
Median Rent
$241,500
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 South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Circle K — 960 Village Trail, Port Orange, FL 32127
  • The Half Wall - Port Orange — 3770 S Nova Rd, Port Orange, FL 32129
  • McKenna's Place-Port Orange — 3781 S Nova Rd, Port Orange, FL 32129
  • frgt444 — 3781 s nova rd, port orange, fl 32129
  • Circle K — 3664 S Nova Rd, Port Orange, FL 32129

Frequently Asked Questions

What type of property is this?
Bar & Pub - Restaurant built in 2016 with commercial kitchen, dining and bar areas, and on-site executive office.
Where is this bar & pub located?
The property is located at 3770 S Nova Road Port Orange, FL.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Restaurant property built in 2016 in excellent condition, totaling approximately 8,750 SF; Fully equipped, operational commercial kitchen included for day‑to‑day restaurant operations; Expansive dining and bar areas plus an on‑site executive office of approximately 1,500 SF
More about this property
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