Contacts

Jake Michels

Berger Commercial Realty

Property Details

Property Type Retail - Restaurant
Property Size 9,253 SF
Units 1
Date Updated May 7, 2026

Discover the vibrant energy of Fort Lauderdale's bustling East Sunrise Boulevard. This prime location offers easy access to the affluent local community and an abundance of foot traffic, making it an ideal setting for retail and street retail investment opportunities. Just steps away from the beach and minutes from Downtown, visitors can explore the upscale Galleria at Fort Lauderdale and the renowned Hugh Taylor Birch State Park, providing a perfect blend of shopping and outdoor recreation. With a thriving mix of dining, entertainment, and retail options, the area surrounding the property is a dynamic hub for attracting both locals and tourists, ensuring a steady flow of potential customers for any retail business.Introducing a prime investment opportunity at the heart of Fort Lauderdale, this 9,253 SF property presents an exceptional investment prospect for investors. With a strong, long-term tenant in place, this well-maintained building offers a stable income stream and a hassle-free investment. Its spacious layout and strategic location in the thriving Fort Lauderdale area make it an attractive choice for investors seeking a secure and lucrative addition to their portfolio.

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Highlights

9,253 square foot high end, ground floor, ornately decorated, and fully fixtured restaurant and bar.
Condo ownership includes a majority of all furnishings, fixtures, and equipment in the restaurant.
In Place NOI $200,374.00 and 6.07 % CAP RATE with potential upside from percentage rent.
Tenant, Lasso Gaucho, entering the 5th year of a 10-year lease with 2, 5-year options (Gross Lease)
Valet parking, 10 reserved spaces, 25 unassigned parking spaces and plentiful street parking available.