1424-1450 N Federal Hwy - Restaurant FOR SALE


Boca Raton, FL 33432- Downtown Boca Raton | 
$9,995,000 USD
954-902-5262
1424-1450 N Federal Hwy, Boca Raton, FL for Sale
$9,995,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

1424-1450 N Federal Hwy
Boca Raton, FL 33432
Downtown Boca Raton


HIGHLIGHTS

  • With the current tenant/owner expected to relocate, a new owner can leverage the existing improvements and established location.
  • The property features ~1,615 SF of covered patio and deck space, plus an additional 1,500 SF uncovered seating patio surrounding a fountain.
  • The property encompasses 1.36 acres and features a 9,365 SF total building footprint, providing a substantial existing commercial presence .
  • The existing configuration accommodates ~259 guests, providing significant capacity for a restaurant, entertainment, or other hospitality concept.
  • The property offers 93 parking spaces, providing convenient on-site customer access and supporting the property's existing hospitality use.
  • The property benefits from proximity to downtown Boca Raton, Mizner Park, FAU, museums, entertainment, and other major commercial destinations.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the Flagship Restaurant Opportunity located at 1424–1450 N Federal Highway in Boca Raton, FL. This investment presents a turnkey hospitality opportunity, featuring existing bar and wine case infrastructure that can help minimize buildout costs. With the current tenant/owner expected to relocate, a new owner can capitalize on the established location and existing improvements while introducing a new hospitality concept or continuing the property’s existing use. In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$1,067 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagship Restaurant Opportunity - Boca Raton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

B4

APN/PARCEL ID

06-43-47-20-15-001-0011

ASK ABOUT THIS PROPERTY

Antonio CrudeleSands Investment GroupMore Info
954-902-5262

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Antonio CrudeleSands Investment GroupMore Info
954-902-5262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.