Jensen Beach Restaurant Investment
4050 NW Federal Hwy, Jensen Beach, FL 34957
Stand-alone restaurant building with a long-term lease in place.
Type:Retail
Property size:
6,548 SFPrice / SF:
$320/SF- Added:
- Sep 11, 2024
- Days on Market:
- 630
- Last Refresh:
- May 12 at 10:48 pm
Property Features for 4050 NW Federal Hwy
General Information
- Standard status
- Active
- Size
- 6,548 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agent Eric Nur License #FL 324986
Listing office American Realty Network LLC
Listing date Sep 11, 2024
Source Crexi
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 American Realty Network LLC
HighLights
- True triple net lease offers a hands‑off investment opportunity.
- 6 years remaining on the lease, plus a 5‑year renewal option, providing long‑term stability.
- Located on prime Federal Hwy in Jensen Beach, offering excellent visibility.
- Stand‑alone 6,548 SF building.
- Leased to a very successful chain restaurant.
- Plenty of parking spaces available for customers.
Overview
This 6,548 square foot stand-alone building is located on Federal Highway in Jensen Beach. It is currently leased to a successful chain restaurant business under a true Triple Net lease. The lease commenced in June 2020 and has a remaining term of 6 years, with an option to renew for an additional 5 years. The property offers ample parking spaces.
Local Financial Insights For 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 | $176.8k | $27.00 |
| − Vacancy | −$4.8k | −$0.73 |
| EGI | $172.0k | $26.27 |
| − OpEx | −$51.6k | −$7.88 |
| NOI | $120.4k | $18.39 |
6,548 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.72M
$1.51M – $2.01M
NOI $120,416 @ 7.0% cap · market cap 5.73%
Second Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,691 @ 7.0% cap · market cap 4.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Red Crab - Juicy ...
Restaurant
Siro Holding
Holding Company
Location Insight
- Map
- Local Demand
- City
- Jensen Beach
- County
- Martin
- State
- Florida
- Longitude
- -80.2782481
- Latitude
- 27.2527354
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Stand-alone restaurant building with a long-term lease in place.
Where is this conventional restaurant located?
The property is located at 4050 NW Federal Hwy Jensen Beach, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: True triple net lease offers a hands‑off investment opportunity.; 6 years remaining on the lease, plus a 5‑year renewal option, providing long‑term stability.; Located on prime Federal Hwy in Jensen Beach, offering excellent visibility.
