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Equipped Conventional Restaurant
For Sale
$299,000

W Null, Coconut Creek, FL 33073

Business Opportunity, Coconut Creek, FL

Property Size1,320 SF
Price / SF$226.52
Days on Market220

Property Features for W Null

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMERCIAL
Parking 50
Subdivision 4280
Standard status Active
Size 1,320 SF

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2020
Flooring type Tile
Building materials CBS, Stucco
Listing Agency: Keyes Company
Listed By: Raissa Restivo · License #3486886
Added: Mar 30 Changed: Oct 1 Last Checked: Nov 4 at 10:06AM
MLS# B26009356

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,320-square-foot conventional restaurant in Coconut Creek includes dine-in service, catering operations, and a commercial kitchen designed for varied food preparation. Equipment includes freezers, mixers, POS systems, a blast chiller, and an empanada machine, providing an existing operational setup for restaurant and catering use.

Built in 2020, the property features CBS and stucco construction, tile flooring, central heating, and central air conditioning. Public water and public sewer serve the site, with electricity available. The property is identified with COMERCIAL zoning in Broward County.

Key Highlights

  • 1,320 SF conventional restaurant in Coconut Creek
  • Dine‑in and catering operations
  • Commercial kitchen with freezers, mixers, POS systems, blast chiller, and empanada machine

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,411
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $25,411 @ 7.0% cap · market cap 8.50%
Second Best
Industrial
$203.6K
$178.1K – $237.5K (±1% cap)
NOI $14,250 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$669.7K
$586.0K – $781.3K (±1% cap)
NOI $46,878 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,116
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 53% Shops & Services 29% Dining 16% Home Improvements & Furnishings 3%
Publix Groceries
33,129 visits/mo 0.1 miles
7-Eleven Shops & Services
21,641 visits/mo 0.1 miles
Key Food Supermarket Groceries
19,579 visits/mo 0.2 miles
Burger King Dining
9,568 visits/mo 0.2 miles
Rotelli Dining
5,895 visits/mo 0.1 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant with dine-in service, catering operations, and a fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at W Null 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: 1,320 SF conventional restaurant in Coconut Creek; Dine‑in and catering operations; Commercial kitchen with freezers, mixers, POS systems, blast chiller, and empanada machine
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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