Standalone Restaurant 15500 SW 29th St

15500 SW 29th St , Miramar, Florida, 33027 | 11,500 sq.f | $ 9,100,000

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About This Restaurant

Investment Highlights

Sprawling Sports Bar w TVs, Gameroom & Outdoor Lakefront Lounge w/ Fire Pit Great location, just off (and visible from) I-75, in the Fountains of Miramar with several other anchor shops and restaurants. Private event spaces (indoor and out) with dedicated bars for over 700 guests. RARE FIND: 2nd Gen Restaurant and Redevelopment Opportunity for sale

Executive Summary

Karson & Co, as exclusive listing broker, is pleased to present the opportunity to acquire an irreplaceable 2nd generation restaurant/bar located at 15500 SW 29th Street in Miramar, Florida (the ?Property? or Restaurant?). The Property is strategically positioned adjacent to the Fountains of Miramar/Lakeside Shoppes and offers irreplaceable visibility from the heavily trafficked I-75. This offering represents a rare and exciting opportunity for restaurateurs and operators to take hold of a prominent, fully-equipped 2nd generation restaurant space with multiple licenses and abundant on-site parking.The Property contains a ?17,550 SF sports bar with TVs, game room, outdoor lakefront lounge with fire pit, private event spaces (indoor and outdoor) with dedicated seating for more than 300+ guests, a ?462 SF covered entry area, and a ?245 SF beer keg cooler. The restaurant, formerly operating as Bokamper?s Sports Bar & Grill, is a well-known and renowned destination in the market that has been well maintained and professionally operated by seasoned industry veterans. This full-service, turn-key existing restaurant space comes equipped with all FF&E and has a 4COP/SFS license in-place. Positioned on a ?2.74 AC parcel in a highly desirable South Florida submarket near the Dade County line, the Property offers 167 surface parking spaces with shared use. The Property benefits from strong retail co-tenancies and synergies and surrounded by national tenants including Home Depot, Ross, HomeGoods, Marshalls Pet Supermarket, Chick-fil-A, Chipotle, Panera, Benihana, and Texas Roadhouse. The Property offers outstanding market fundamentals and there is limited supply of 2nd generation restaurant opportunities of this caliber currently on the market. Additionally, the Property offers flexible B-2, Community Business District zoning, which allows for a variety of uses and offers significant value add via future redevelopment or repositioning. Property also available for lease.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Business Value Included Business Value Included Lease Option Business Value Included
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding General Retail Storefront Retail/Office Restaurant
  • Building Size    11,500
  • Building Class    A
  • LoopNet Rating    4 Star
  • Year Built    2011
  • Price    9,100,000
  • Price Per SF    791
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.10
  • Land Acres    2.74 AC

Amenities

  • Waterfront

Nearby Amenities & Transportation

Retail Anthony's Coal Fired Pizza
Retail Bank of America
Retail Texas Roadhouse
Retail Chase Bank
Retail Benihana
Retail Publix
Retail PNC Bank
Retail Chili's
Retail Starbucks
Retail Citi

Property Taxes

Parcel Number 51-40-28-11-0032 Improvements Assessment $956,160
Land Assessment $4,391,130 Total Assessment $5,347,290
Date Created: 2024-07-16 04:13:33 Last Updated: 2024-07-16 04:13:33
Address: 15500 SW 29th St , Miramar, Florida, 33027