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OFF-MARKET
Retail properties & Spaces

Lauderdale for Sale - Perfect for Steakhouse or Seafood Restaurant In Ft Fort Lauderdale, FL 33306

5,100 SF
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a thriving restaurant in Fort Lauderdale, Florida. This 5,100 square foot establishment boasts a prime location on a busy North/South road with a daily traffic count of 47,000 vehicles. The property features a fully equipped kitchen designed for high volume, including a 16-foot exhaust hood, in-ground grease trap, eight-eye burner with two ovens, convection oven, char-broiler, flat-top grill, walk-in cooler and freezer, and more. The inviting dining area comfortably seats 152 guests inside, with an additional outdoor patio accommodating 16. A full-service bar with seating for 18 guests is also included. The restaurant includes a state-of-the-art audio-visual system. A 4COP SFS liquor license is in place and transferable. The current lease expires April 30, 2026, with a five-year option, and the monthly rent is $30,053, inclusive of CAM and taxes. Strong demographics support high volume potential, with a three-mile radius population of 126,000 residents and over 160,000 daytime employees, boasting an average household income exceeding $102,450. The current concept generated $1,500,000 in gross revenue in 2023

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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