Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tiki Bar And Grill For Sale In Sunny Naples Florida Naples, FL 34113

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Tiki Bar And Grill For Sale In Sunny Naples Florida Naples, FL 34113

    View on Map
    • Retail properties & Spaces
    • 2,750 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Tiki Bar And Grill For Sale In Sunny Naples Florida

    Year built
    2022
    Property size
    2,750 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This thriving Tiki Bar and Grill, established in 2022, presents a unique investment opportunity in sunny Naples, Florida. Boasting 2,750 square feet of outdoor space, this fully equipped establishment offers a vibrant atmosphere with live music, ample seating for 130 patrons (including high-tops), and a dedicated mobile food trailer. The menu has recently been streamlined for efficiency, ensuring hot and fast service. The current annual sales are $637,000, supported by a trained staff of 16 employees (10 part-time and 6 full-time). The lease, expiring July 14, 2027, includes a monthly rent of $3,600, encompassing CAMs. A separate, 1,000-square-foot leased space, located a minute away by golf cart, provides additional storage, refrigeration (including a Polar King mobile walk-in cooler), and a dishwasher for $1,500 per month. The sale includes all furniture, fixtures, and equipment, ensuring a seamless transition for the new owner. The outdoor dining area features tiki huts, fans, and misters, creating a comfortable environment for guests. The property's unique concept and established clientele provide a strong foundation for continued growth and success. The asking price is $209,000. This turnkey operation is ready for a new owner to take it to the next level.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7191
    Latitude
    26.0753

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      4000 Sq Ft

      Restaurants • 4,000 SF
      4000 Sq Ft, Naples, FL 34113
      View Details
    • Value Estimation by Request
      5,877 SF

      Restaurant For Sale With $397K Benefit For Owner Operator

      Restaurants • 5,877 SF
      0 Restaurant For Sale With $397K Benefit For Owner Operator, Naples, FL 34113
      View Details
    • Value Estimation by Request
      3,322 SF

      Seq Immokalee Rd & Collier Blvd

      Restaurants • 3,322 SF
      0 Seq Immokalee Rd & Collier Blvd, Naples, FL 34113
      View Details
    • Value Estimation by Request
      4,779 SF

      12450 Tamiami Trl

      Retail properties & Spaces • 4,779 SF
      12450 Tamiami Trl, Naples, FL 34113
      View Details
    • Value Estimation by Request

      12608 Tamiami Trl

      Retail properties & Spaces
      12608 Tamiami Trl, Naples, FL 34113
      View Details
    • Value Estimation
      $2,630,000
      13,660 SF

      11250 Tamiami E Trl

      RETAIL STORES (PERSONAL SERVICES) • 13,660 SF
      11250 Tamiami E Trl, Naples, FL 34113-7779
      View Details

    Similar Nearby for Sale

    • $5,999,519
      1.92 Acres

      Shovel-Ready Naples Commercial Development Site

      1.92-acre commercial land approved for car wash and QSR.
      11760 Tamiami Trl E, Naples, FL 34113
      View Details
    • Contact for pricing
      83,635 SF

      Naples Shovel-Ready Commercial Development Site

      1.92± acre commercial land approved for car wash and QSR.
      11760 Tamiami Trl E, Naples, FL 34113
      View Details
    • $5,600,000
      24,833 SF

      Prime Retail Space on US 41

      Freestanding 24,833 SF retail building with high visibility.
      10001 Tamiami Trl E, Naples, FL 34113
      View Details
    • $932,090

      Luxury Automotive Condo Near Naples

      Exclusive 1753 sq ft automotive condo for sale.
      9004 Tamiami Trl E 204, Naples, FL 34113
      View Details
    • $931,560

      Luxury Automotive Condo Near Naples

      Exclusive 1752 sq ft automotive condo near Downtown Naples.
      9004 Tamiami Trl E 109, Naples, FL 34113
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      East Naples Development Opportunity

      Almost two acres in rapidly growing East Naples area.
      5101 Tamiami Trl E, Naples, FL 34113
      View Details
    • Contact for pricing
      3,900 SF

      Freestanding Retail Building on US 41

      Freestanding retail building available for lease or ground lease.
      12621 Tamiami Trl E, Naples, FL 34113
      View Details
    • $2,450 /Mo

      Retail Space in Naples, Florida

      Retail space for rent in The Village Falls complex.
      5057 Tamiami Trl E E4, Naples, FL 34113
      View Details
    • Contact for pricing

      Single Tenant Retail Space

      Retail space available for rent in Naples, Florida.
      11330 Tamiami Trl E, Naples, FL 34113
      View Details
    • Contact for pricing
      15,960 SF

      Retail Space on Signalized Intersection

      Retail property with permits in place and divisible units.
      11480 Tamiami Trl E, Naples, FL 34113
      View Details
    • Contact for pricing

      Professional Office and Medical Building

      Three-story office and medical building in South Naples area.
      12250 Tamiami Trl East, Naples, FL 34113
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tiki Bar And Grill For Sale In Sunny Naples Florida
    Naples, FL 34113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!