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Property profile

4COP Sfs License In Pl Fort Lauderdale, FL 33301

OFF-MARKET
Retail properties & Spaces
1,771 SF
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located in the heart of Fort Lauderdale's vibrant Las Olas Boulevard. Boasting 1,771 square feet of indoor space and an additional 1,586 square feet of outdoor seating for a total capacity of 125 guests, this fully equipped establishment offers a turnkey operation. The state-of-the-art commercial kitchen features a 15-foot exhaust hood, six-burner stove, char-broilers, two fryers, a convection oven, two ice machines, and ample walk-in cooler and freezer space. The front-of-house includes advanced POS systems, a fully stocked bar, and comfortable indoor and outdoor dining areas enhanced by security cameras. The current lease, at a highly favorable rate of $11,159 per month, extends until March 1, 2030, with two five-year renewal options, securing your position in this prime location until 2040. This includes CAMs, taxes, water, and trash. The restaurant also benefits from a 300 square foot air-conditioned storage area. Situated in the bustling Las Olas business district, known for its high foot traffic, numerous boutiques, and thriving tourism, this restaurant is perfectly positioned to capitalize on the area's significant growth. Fort Lauderdale has experienced a remarkable 31% increase in its downtown resident population and a 29% surge in tourism since 2017, creating an ideal environment for continued success. The sale includes a fully transferable 4COP SFS liquor license. The asking price is $750,000. This is a rare opportunity to acquire a well-established restaurant in one of Fort Lauderdale's most desirable locations.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,771 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4COP Sfs License In Pl Fort Lauderdale, FL 33301
Fort Lauderdale metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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