Jensen Beach Restaurant Investment
For Sale
Contact for pricing
4050 NW Federal Hwy, Jensen Beach, FL 34957
Stand-alone restaurant building with a long-term lease in place.
Property Size6,548 SF
Price / SF$320.71
Days on Market720
Property Features for 4050 NW Federal Hwy
General Information
Standard status
Active
Size
6,548 SF
Class
B
Total Parking Spaces
86
Property subtype
Retail
Zoning
PUD
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$107,210
Building Details
Year Built
2003
Stories
1
Units
1
Tenancy
Single
Listing Agency:
American Realty Network LLC
(561) 702-3795
Listed By:
Eric Nur · License #FL 324986
Source:
Crexi
Added: Sep 11, 2024
Changed: Aug 14
Last Checked: Aug 29 at 3:50PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
$87,691
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
4.18%
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%
$1,753,820
$1.8M
Cap Rate 7%
$1,252,729
$1.3M
Cap Rate 9%
$974,344
$974.3K
Market Conditions
NOI Build-Up for 6,548 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
$125.7K $19.20/SF
− Vacancy
−$8.8K −$1.34/SF
EGI
$116.9K $17.86/SF
− OpEx
−$29.2K −$4.46/SF
NOI
$87.7K $13.39/SF
Area
Martin County, FL
Vacancy
7.00%
Lease Rate
$19.20 /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%
$1,753,820
Cap Rate 7%
$1,252,729
Cap Rate 9%
$974,344
Alternative Uses
Best Use
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,691 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.72M
$1.51M – $2.01M
NOI $120,416 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
356k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Shops & Services 30%
Groceries 16%
Superstores 13%
BJ's Wholesale Club
Superstores
47,344 visits/mo
0.3 miles
Wawa
Shops & Services
43,798 visits/mo
0.2 miles
Chick-fil-A
Dining
32,270 visits/mo
0.3 miles
Publix
Groceries
32,064 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
26,038 visits/mo
0.2 miles
Demographics for 34957, FL
22,955
Population
17,269
Households
1.3
Avg Household Size
59
Median Age
39%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
1,400
Density / Sq Mi
$65,658
Median Household Income
$41,973
Median Earnings
$1,518
Median Rent
$378,500
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 - 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.
