For Lease
$40.00/SF/YR

416 1St AveFort Lauderdale, FL 33301

Prime 2,050 SF Restaurant, Immediate Occupancy

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,050-square-foot restaurant space is ideally situated in the heart of downtown Fort Lauderdale, Florida, at 416 SW 1st Ave, 33301. Built in 2021, this end-cap unit boasts prominent frontage and signage on Andrews Avenue, offering unparalleled visibility. Located just one block from Las Olas Boulevard, the property benefits from a high concentration of office and residential units, creating a substantial captive consumer base. The space includes an outdoor patio, perfect for creating a vibrant and inviting atmosphere. The lease is a NNN format with a base rent of $12 per square foot. The total rent is $40 per square foot. The property is zoned RAC-CC and is available for immediate occupancy. This location is within the thriving S.O.L.O. District (South of Las Olas), known for its recent growth and influx of new residents and businesses. The property's lush landscaping provides a rare opportunity for an outdoor seating area in a bustling urban setting. Furthermore, the building features Class A apartments upstairs, and thousands of market-rate apartments and high-end residential condos are within walking distance. This presents a unique chance to establish a thriving business in a dynamic and rapidly developing area.

Highlights

  • Prime location, one block from Las Olas Boulevard, in a dense office and residential area.
  • High-visibility frontage and signage on Andrews Avenue.
  • Attractive outdoor seating area in a central urban location.
  • Surrounded by upscale residential condos, ensuring a strong customer base.

Property Details for 416 1St Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,050 SF
Year Built
2021

Unit(s) available at that property

Space
Available Space 1
Size
2,050 SF
Rate per SF
$40.00

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1171847
Longitude
-80.1441464
416 1St Ave, Fort Lauderdale, Florida

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Contacts

Jaime Sturgis
Jaime Sturgis
Visit Broker Website

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416 1St Ave, Fort Lauderdale, Florida, 33301

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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416 1St Ave
  • Jaime Sturgis
    Jaime Sturgis
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