16805 NW 12Th Ave Miami Gardens, FL 33169
For Lease
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This exceptional restaurant opportunity in Palmetto, Florida, presents a fully equipped, 4,500 square-foot space within a bustling hotel. The property boasts a substantial 6,500 square-foot building, zoned 6500, with a single tenant occupancy (APN: 34-21-11-000-0062). The existing build-out includes a state-of-the-art commercial kitchen and hood, partially equipped with appliances, ready for immediate operation. The space also features an inviting outdoor seating area and a convenient lobby entrance. Its strategic location offers high visibility and significant traffic counts, benefiting from excellent demographics. The property's potential is further enhanced by strong delivery, catering, and corporate event opportunities within the surrounding area. This versatile space is ideal for a variety of concepts, including a night bar and lounge, banquet hall, or venue for corporate events and weddings. The monthly lease rate is $18,770, with a move-in requirement of first month's rent, last month's rent, and a two-month security deposit. Don't miss this chance to establish your business in a prime location with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FLMiami Gardens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.