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    2301 5Th Ave Pompano Beach, FL 33064

    Sponsored
    For Sale
    $1,500,000

    Thriving Bar, $1.5M, Net Lease, FL

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully operational bar in Pompano Beach, Florida, situated within a bustling shopping center. The 4,000 square foot, single-story establishment boasts a prime location at 2301 NE 5th Ave, 33064, in Broward County. Currently operating under a Net Lease (NNN) agreement with $12,000 per month in net rent, including CAM and pass-through charges, the lease has four years remaining with a five-year option. The asking price of $1,500,000 includes all furniture, fixtures, and equipment (FF&E), along with valuable licenses, notably a Broward County 4-COP alcoholic beverage license currently valued at $425,000. The business generates impressive gross weekly sales of $50,000, with a net profit of $30,000 (owner verification recommended). The bar features gorgeously updated lighting, décor, and a state-of-the-art sound system, creating a premier nightlife destination. It offers a full menu of food and signature cocktails, complemented by VIP bottle service and private rooms. Ample shared parking is available within the shopping center. This turnkey operation presents a rare opportunity to acquire a profitable, established business with significant upside potential in a high-traffic location. The sale includes the leasehold interest and all necessary licenses for continued operation.

    Property Features for 2301 5Th Ave

    General Information

    Property type
    Restaurants
    Square Feet
    4,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $1,500,000 asking price for a 4,000 SF retail bar in Pompano Beach, FL.
    • Net lease with $12,000/month rent, 4 years remaining plus a 5‑year option.
    • Gross sales reported at $50,000/week, net $30,000/week (owner verification required).
    • Includes all FF&E, licenses (including a $425,000 Broward County 4‑COP alcoholic beverage license), and leasehold interest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Playmates Live Adult Entertainment Club Anchest Auto Glass ... Auto Repair Shop Pompano Plaza Shopping Mall Shadow Cabaret Adult Entertainment Club

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1159253
    Latitude
    26.2605821

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    FAQs

    What type of property is this?
    Restaurant - Thriving Bar, $1.5M, Net Lease, FL
    Where is this restaurant located?
    The property is located at 2301 5Th Ave Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a 4,000 SF retail bar in Pompano Beach, FL.; Net lease with $12,000/month rent, 4 years remaining plus a 5-year option.; Gross sales reported at $50,000/week, net $30,000/week (owner verification required).
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    2301 5Th Ave Pompano Beach, FL 33064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 5Th Ave Pompano Beach, FL 33064
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