For Sale By Owner 1424-1450 N Federal Hwy

1424-1450 N Federal Hwy , Boca Raton, Florida, 33432 | 9,365 sq.f | $ 8,900,000

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About This Restaurant

Investment Highlights

$8.2 million sales price includes FF&E Walking Distance to Downtown Boca Raton and the new Brightline Train Station and it is part of the Florida Atlantic University Corridor 256 Seats indoor/outdoor with 93 parking spaces. Landowner is also the Business Operator for the past decade, and the restaurant is currently open and operating. Please be courteous and discreet.. The restaurant is located on the heavily trafficked N Federal Hwy/Glades Road intersection with great parking access Partnership in a redevelopment project is very desirable.

Executive Summary

For Sale (8.9 MILLION) all inclusive including all Furniture and Equipment, or for Lease AT $49,000 MONTHLY NNN. 1424-1450 N Federal Hwy, a single-tenant fully built-out restaurant strategically located along the N Federal Hwy retail corridor, is an owner-occupied building that is being used as a restaurant. The building features its own surface-level private parking, dedicated turning lanes, and pylon signage opportunities. Being in the Boca Raton market positions this asset, the market is a healthy investor market and buyers have exhibited a steady interest in the area. Market prices in the retail sector are rising and outpacing other nearby markets in both sales volume and leasing transactions. Retail assets are in demand, and this building, with its more recent construction in 2013, is in high demand. Please send proposal directly to Toula.Amanna@Gmail.com. Commission offered is 3%. The restaurant is currently open and operating . Please do not approach employees or Managers with questions, instead, email proposals for collaboration in the sale or lease of this property.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Bulk/Portfolio Sale Bulk/Portfolio Sale Redevelopment Project Bulk/Portfolio Sale
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bank Office Medical Office Office Residential Restaurant
  • Building Size    9,365
  • Building Class    B
  • Year Built    2013
  • Price    8,900,000
  • Price Per SF    950
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.16
  • Land Acres    1.36 AC

Amenities

  • Signage
  • Monument Signage

Nearby Amenities & Transportation

Retail South State Bank
Retail Crossfit Hardcore Station
Retail Starbucks
Retail Hotworx
Retail Mayweather Boxing + Fitness
Retail BankUnited
Retail Truist
Retail Chase Bank
Retail Publix
Retail Ruth?s Chris Steak House

Property Taxes

Parcel Number 06-43-47-20-15-001-0011 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,878,273
Date Created: 2024-07-16 04:09:28 Last Updated: 2024-07-16 04:09:28
Address: 1424-1450 N Federal Hwy , Boca Raton, Florida, 33432