RESTAURANT OPPORTUNITY

Highlights

• Turnkey Restaurant Space: Second-generation.
• Seats: 160
• Flexible Zoning with Extended Hours.
• Prime Location: Surrounded by significant development projects.

Description

This offering presents a +/- 3,192 SF second-generation restaurant space fully equipped with existing kitchen infrastructure, including state-of-the-art hood-vent systems and walk-in coolers. Priced at $70.00/SF NNN with $150,000 key money, the space offers a turnkey solution for restaurateurs looking to reduce startup costs and quickly begin operations. Zoning allows for extended operating hours (4 AM), making this location ideal for businesses serving day and late-night customers.

The site is further enhanced by nearby developments, including Avalon South Miami, which will bring 290 luxury apartments and 31,000 square feet retail space by 2025. Additionally, the recently approved redevelopment of the Shops at Sunset Place will transform the area with 1,500 residential units, a 287-room hotel, office space, and extensive dining and retail options. These projects are expected to increase foot traffic and create a vibrant, pedestrian-friendly environment, making this restaurant space an even more attractive opportunity for tenants,

5840 SW 71 ST is located in downtown South Miami at the US-1 and 71 ST intersection. The property is situated in a bustling area with a high traffic count of 81,500 average daily traffic count (ADTC). Additionally, the location is within walking distance to the University of Miami, and many eateries and shops, making it a convenient and attractive destination for both residents and visitors. With its prime location and proximity to major transportation routes, this property offers an excellent opportunity for businesses looking to establish a presence in a dynamic and growing part of the city.

Documents

Units for Lease