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

$5,495,000

Restaurant For Sale  •  9,365 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 9,365 Sq Ft
  • Lot Size 1.36 ac
  • Building Class C
  • Year Built 2013
  • Cap Rate 7.64 %
  • Tenancy Single
  • Zoning B4
36 Transit Score
78 Walk Score

Description

UPDATED: Square footage in the front and back of the property has been updated to include the total GLA of 9,365 SF. 
Total covered 7615 SF includes 6,000 SF under air and   1,615 square foot Outdoor Covered patio and deck for outside dining. The property has an additional  1,740 SF of uncovered seating in the front and 300 SF in the back of the restaurant. Total seating  all areas :  259 people.
Authentic autographed Pictures and Grand Piano not included in the sale.

Highlights

Local 24-Hour always open 30 year old diner chain currently in three locations
Walking distance to Downtown and Mizner Park and the Museum. Additionally, the IPIC Theater is just within half mile
Property can seat 259 combined inside and outside, 93 Parking spaces and a covered patio seating with a full bar and wine case set up
Located on the FAU (Florida Atlantic University) corridor on Federal Hwy just north of Glades Road with a B-4 Zoning
Current tenant/owner in building is relocating soon fro a turn key property all inclusive / this is a wonderful owner/user OR investment opportunity
Strategically positioned along heavily trafficked North Federal Highway near intersection with Glades Road

Property Flyers

Financial Summary

Cap Rate: 7.64 %

Major Tenants

Tenant SF Occupied Lease End Date
Flashback Diner 9,316 SF 9/30/2019

Amenities

  • Signage
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Boca Raton Commuter Rail (Tri-County Commuter) 4 min - 1.5 mi
Deerfield Beach Commuter Rail (Tri-County Commuter) 9 min - 3.8 mi
AirportDriveWalkDistance
Fort Lauderdale–Hollywood International Airport 19 min - 16.8 mi
Palm Beach International Airport 28 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 93
Type: Surface
Included in Rent: Yes
Toula Amanna 954-610-4570 Flashback Diner
Toula Amanna 954-610-4570 Flashback Diner