Brazilian Restaurant &
New
For Sale
$299,000
4413 West Hillsboro Boulevard, Coconut Creek, FL 33073
Operating breakfast-and-lunch concept with dine-in and takeout service in Coconut Creek.
Property Size1,320 SF
Price / SF$226.52
Days on Market2
Property Features for 4413 West Hillsboro Boulevard
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Other
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Building Size
1,320 SF
Listing Agency:
The Keyes Company
Listed By:
Raissa Restivo · License #3486886
(201) 452-9462
Source:
Commercialcafe
Added: Sep 1
Last Checked: Sep 2 at 1:19PM
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 The Keyes Company
Investment Insights
Based on property information with market context.
This operating Brazilian restaurant and café occupies approximately 1,320 square feet in Coconut Creek. The space is arranged for both dine-in and takeout service and features leasehold improvements, furniture, fixtures, and equipment included with the business. The concept serves Brazilian cuisine, specialty coffee, fresh pastries, and savory menu items, with current hours focused on breakfast and lunch.
The business is located at 4413 West Hillsboro Boulevard, surrounded by residential communities and retail centers. Its customer base includes repeat local patrons, and the operation has established online reviews and community recognition. Dinner service and Sunday operations are not currently part of the schedule, providing defined options for expanding operating hours.
The business is located at 4413 West Hillsboro Boulevard, surrounded by residential communities and retail centers. Its customer base includes repeat local patrons, and the operation has established online reviews and community recognition. Dinner service and Sunday operations are not currently part of the schedule, providing defined options for expanding operating hours.
Key Highlights
- Operating Brazilian restaurant and café at 4413 West Hillsboro Boulevard
- Approximately 1,320 SF with dine‑in and takeout areas
- Furniture, fixtures, and equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,411
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,220
$508.2K
Cap Rate 7%
$363,014
$363.0K
Cap Rate 9%
$282,344
$282.3K
Market Conditions
NOI Build-Up for 1,320 SF
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.
Gross rent
$36.4K $27.60/SF
− Vacancy
−$2.6K −$1.93/SF
EGI
$33.9K $25.67/SF
− OpEx
−$8.5K −$6.42/SF
NOI
$25.4K $19.25/SF
Area
Broward County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,220
Cap Rate 7%
$363,014
Cap Rate 9%
$282,344
Alternative Uses
Best Use
Specialty Retail
$363.0K
$317.6K – $423.5K
NOI $25,411 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$669.7K
$586.0K – $781.3K
NOI $46,878 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Shops & Services 29%
Dining 15%
Home Improvements & Furnishings 3%
Publix
Groceries
33,129 visits/mo
0.2 miles
7-Eleven
Shops & Services
21,641 visits/mo
0.1 miles
Key Food Supermarket
Groceries
19,579 visits/mo
0.1 miles
Burger King
Dining
9,568 visits/mo
0.1 miles
Rotelli
Dining
5,895 visits/mo
0.2 miles
Demographics for 33073, FL
32,853
Population
12,708
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
4,056
Density / Sq Mi
$99,269
Median Household Income
$50,754
Median Earnings
$2,193
Median Rent
$453,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating breakfast-and-lunch concept with dine-in and takeout service in Coconut Creek.
Where is this conventional restaurant located?
The property is located at 4413 West Hillsboro Boulevard Coconut Creek, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Operating Brazilian restaurant and café at 4413 West Hillsboro Boulevard; Approximately 1,320 SF with dine‑in and takeout areas; Furniture, fixtures, and equipment included in the sale
