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Established Pizzeria Business
For Sale
$260,000

Pizzeria For Sale, Fort Lauderdale, FL

Business Opportunity, Fort Lauderdale, FL

Property Size1,500 SF
Price / SF$173.33
Days on Market156

Property Features for Pizzeria For Sale

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 3270
Standard status Active
Size 1,500 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Building materials Concrete
Roof type Shingle
Listing Agency: United Realty Group Inc
Listed By: Giovanni Tanzi · License #3591541
Added: Apr 29 Changed: Sep 4 Last Checked: Oct 1 at 2:06PM
MLS# B26021975

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.

Investment Insights

Based on property information with market context.

This conventional restaurant business operates as a pizzeria in a 1,500-square-foot facility built in 1985. The operation includes a fully staffed, experienced team and has served the South Florida community for more than two decades. The business is positioned for a transition to new ownership, with prior operating experience in pizzeria or restaurant management identified as relevant to continuity.

The property is located in North Broward County near Fort Lauderdale and features concrete construction, central heating, central air conditioning, a shingle roof, public water, and public sewer. The existing operating platform and established local customer base provide a defined restaurant setting for an incoming owner.

Key Highlights

  • Operating pizzeria business in a 1,500‑square‑foot facility
  • More than 20 years serving the South Florida community
  • Fully staffed team with operating experience in place

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
$21,659
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
8.33%
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%
$433,180 $433.2K
Cap Rate 7%
$309,414 $309.4K
Cap Rate 9%
$240,656 $240.7K
Market Conditions
NOI Build-Up for 1,500 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
$32.4K $21.60/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$30.9K $20.63/SF
− OpEx
−$9.3K −$6.19/SF
NOI
$21.7K $14.44/SF
Area
Fort Lauderdale, FL
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$433,180
Cap Rate 7%
$309,414
Cap Rate 9%
$240,656

Alternative Uses

Best Use
Specialty Retail
$431.4K
$377.5K – $503.3K (±1% cap)
NOI $30,197 @ 7.0% cap · market cap 11.61%
Second Best
Industrial
$309.4K
$270.7K – $361.0K (±1% cap)
NOI $21,659 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M (±1% cap)
NOI $70,560 @ 7.0% cap · market cap 27.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,363
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 41% Hotels & Casinos 3%
Starbucks Dining
19,210 visits/mo 0.3 miles
Mobil Shops & Services
16,189 visits/mo 0.4 miles
Bank of America Shops & Services
12,011 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
11,307 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,520 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Fort Lauderdale, FL

5.1% 2019
6.8% 2020
5.3% 2021
3.9% 2022
3.8% 2023
4.9% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant business with an experienced staff and established customer base in South Florida.
Where is this conventional restaurant located?
The property is located at Pizzeria For Sale Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Operating pizzeria business in a 1,500‑square‑foot facility; More than 20 years serving the South Florida community; Fully staffed team with operating experience in place
More about this property
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