Carmela Coffee
New
For Sale
$475,000
5560 N Military Trl, Boca Raton, FL 33431
Operational coffee shop with a modern buildout, equipment package, trained staff, and established customer base.
Property Size2,043 SF
Price / SF$232.50
Days on Market2
Property Features for 5560 N Military Trl
General Information
Standard status
Active
Size
2,043 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
2016
Listing Agency:
Select Homes Realty Group LLC
Listed By:
Lewis Maffeo · License #3429456
(954) 426-5400
Source:
Chenoregroup
Added: Sep 18
Last Checked: Sep 18 at 3:24PM
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 Select Homes Realty Group LLC
Investment Insights
Based on property information with market context.
This operating Carmela Coffee franchise occupies 2,043 square feet and includes a modern high-end buildout, extensive equipment package, trained staff, and an established customer base. The business has been operating since 2016 and is offered with its existing coffee shop infrastructure and personnel.
The property is located at 5560 N Military Trl in Boca Raton’s Park Place shopping center. Surrounding uses include residential communities, offices, fitness facilities, and major retailers, creating a mixed commercial and consumer-oriented setting. Current staffing and payroll are above typical operating levels, while the business also supports potential expansion through catering, delivery, events, local partnerships, and additional marketing.
The property is located at 5560 N Military Trl in Boca Raton’s Park Place shopping center. Surrounding uses include residential communities, offices, fitness facilities, and major retailers, creating a mixed commercial and consumer-oriented setting. Current staffing and payroll are above typical operating levels, while the business also supports potential expansion through catering, delivery, events, local partnerships, and additional marketing.
Key Highlights
- Operating Carmela Coffee franchise at 5560 N Military Trl, Boca Raton, FL 33431
- 2,043‑square‑foot coffee shop with a modern high‑end buildout
- Extensive equipment package included
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
$39,330
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
8.28%
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%
$786,600
$786.6K
Cap Rate 7%
$561,857
$561.9K
Cap Rate 9%
$437,000
$437.0K
Market Conditions
NOI Build-Up for 2,043 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
$56.4K $27.60/SF
− Vacancy
−$3.9K −$1.93/SF
EGI
$52.4K $25.67/SF
− OpEx
−$13.1K −$6.42/SF
NOI
$39.3K $19.25/SF
Area
Palm Beach 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%
$786,600
Cap Rate 7%
$561,857
Cap Rate 9%
$437,000
Alternative Uses
Best Use
Specialty Retail
$561.9K
$491.6K – $655.5K
NOI $39,330 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,716 @ 7.0% cap · market cap 21.20%
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
1,746
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Groceries 26%
Apparel 8%
Shops & Services 5%
The Fresh Market
Groceries
20,747 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
17,679 visits/mo
0.1 miles
Burtons Grill
Dining
15,492 visits/mo
0.1 miles
The Habit Burger Grill
Dining
10,731 visits/mo
0.1 miles
Eileen Fisher
Apparel
5,972 visits/mo
0.1 miles
Demographics for 33431, FL
22,047
Population
9,005
Households
2.4
Avg Household Size
33
Median Age
58%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
2,656
Density / Sq Mi
$103,252
Median Household Income
$23,794
Median Earnings
$2,361
Median Rent
$575,700
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.
Similar Off Market Nearby
- Marcel Brewer’s — 5000 T-Rex Ave, Boca Raton, FL 33431
- Carmela Coffee Company — 4800 t-rex ave suite # 150, boca raton, fl 33431
- the seed. Coffee + Juice Bar — 1449 Yamato Rd Ste 1, Boca Raton, FL 33431
- Central Perkalta — 5400 Broken Sound Blvd NW Suite 125, Boca Raton, FL 33487
- Carmela Coffee - Park Place — 5560 N Military Trl, Boca Raton, FL 33431
Frequently Asked Questions
What type of property is this?
Coffee shop - Operational coffee shop with a modern buildout, equipment package, trained staff, and established customer base.
Where is this coffee shop located?
The property is located at 5560 N Military Trl Boca Raton, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Operating Carmela Coffee franchise at 5560 N Military Trl, Boca Raton, FL 33431; 2,043‑square‑foot coffee shop with a modern high‑end buildout; Extensive equipment package included
