561-368-0003
1801 N Federal Hwy, Boca Raton, FL for Rent

$60.00 USD /SF/yr

Retail - For Rent
1/5
6,221 SF | 1 Space

1801 N Federal Hwy
Boca Raton, FL 33432
Mizner Park


HIGHLIGHTS

  • Entire hotel being converted to residential studios and student housing
  • Built-in resident customer base living above the space
  • 6,221 SF open, second-generation restaurant space
  • Gray shell with hood and grease trap in place
  • US-1 frontage with roughly 60,000 cars per day

OVERVIEW

1801 N Federal Highway is a landmark property undergoing a full repositioning under new ownership in the heart of East Boca Raton. The new landlord is converting the entire hotel into residential one-bedroom studio apartments and student housing, bringing a built-in base of daily residents directly above the ground-floor restaurant space. That creates a rare setup for a restaurant operator: a brand-new residential population living on site, US-1 frontage with roughly 60,000 cars per day, and one of the wealthiest, highest-demand submarkets in South Florida surrounding the door. The property sits minutes from Florida Atlantic University and Lynn University, within walking distance of the beach and Mizner Park, in the middle of East Boca’s affluent residential and daytime traffic. The available ground-floor restaurant space is 6,221 SF, second generation, delivered as a gray shell with the hood and grease trap already in place. The open floor plan can be divided to a smaller footprint and built out for any concept. A full liquor license is available and delivery is immediate. This is a signature opportunity for a qualified, financially sound operator to bring a big-time restaurant to a high-visibility corner of East Boca Raton. Free rent and a tenant improvement allowance are available to the right group. Ownership is delivering a fully renovated building with new residents above and heavy US-1 exposure out front.

RENTAL DETAILS

SPACE AVAILABLE

6,221 SF

# OF SPACES

1

RENT/MONTH

$31,105 USD /mo

RENT RATE (MO)

$5.00 USD /SF/mo

RENT RATE (YR)

$60.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

20,748 SF

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.80761 AC

LAND SF

78,739.448 SF

ZONING

B4

ASK ABOUT THIS PROPERTY

Charles PrakasPrakas & CompanyMore Info
561-368-0003

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Charles PrakasPrakas & CompanyMore Info
561-368-0003

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