Lauderdale for Sale - Perfect for Steakhouse or Seafood Restaurant In Ft, Fort Lauderdale, FL 33306
- Retail properties & Spaces
- 5,100 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for Lauderdale for Sale - Perfect for Steakhouse or Seafood Restaurant In Ft
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1122
- Latitude
- 26.164
