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2980 N Federal Hwy 7,650 SF 100% Leased Retail Building Fort Lauderdale, FL 33306 $7,614,255 CAD ($995.33 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newer construction
  • Turnkey restaurant operation
  • Lots of surface parking

EXECUTIVE SUMMARY

Position your restaurant for long-term success at 2980 N Federal Highway, a highly visible commercial property located on one of Fort Lauderdale’s most heavily trafficked north–south corridors. This offering is ideally suited for an owner-operator seeking to control their real estate, eliminate escalating rent, and build equity in a prime location.
The property offers exceptional street exposure and signage visibility along N Federal Highway, with strong daily traffic counts and immediate access to surrounding residential neighborhoods, office users, and retail destinations. The layout and zoning support restaurant and food-service uses, making it well-suited for a full-service restaurant, fast-casual concept, café, or a specialty food operator. Plenty of dry-uses would work here as well, but would require the deletion of valuable restaurant infrastructure.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,650 SF
Building Class
B
Year Built
2019
Price
$7,614,255 CAD
Price Per SF
$995.33 CAD
Cap Rate
6.25%
NOI
$475,891 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.06 AC
Zoning
B-1 - B-1 allows a variety of commercial uses
Parking
68 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
90’ on N Federal Hwy

AMENITIES

  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Casa Monarca Mexican Restaurant & Tequila Bar
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Casa Monarca Mexican Restaurant & Tequila Bar Accommodation and Food Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 2980
  • 5,100 SF
  • Restaurant
  • End Cap
  • Jun 2026

Beautiful turnkey restaurant space coming available summer 2026. This restaurant has a 400sf outdoor covered patio, a monument sign along US-1 and building signage. Turn in/out along US-1 and the rear of the property to access signaled intersections on both Oakland Park Blvd. & Federal Highway. Landlord is flexible on lease term. Please be courteous as the current restaurant is still operating until their lease expiration.

Space Size Space Use Position Available
2980 5,100 SF Restaurant End Cap Jun 2026

2980

Size
5,100 SF
Space Use
Restaurant
Position
End Cap
Available
Jun 2026

2980

Size 5,100 SF
Space Use Restaurant
Position End Cap
Available Jun 2026

Beautiful turnkey restaurant space coming available summer 2026. This restaurant has a 400sf outdoor covered patio, a monument sign along US-1 and building signage. Turn in/out along US-1 and the rear of the property to access signaled intersections on both Oakland Park Blvd. & Federal Highway. Landlord is flexible on lease term. Please be courteous as the current restaurant is still operating until their lease expiration.

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Publix
Citi
Chase Bank
PDQ Chicken
Ruth's Chris Steak House
The Original Pancake House
The Fresh Market
Club Pilates
LA Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-25-34-0010
Land Assessment
$1,397,034 CAD
Improvements Assessment
$2,090,785 CAD
Total Assessment
$3,487,819 CAD
  • Listing ID: 39165517

  • Date on Market: 2026-01-21

  • Last Updated:

  • Address: 2980 N Federal Hwy, Fort Lauderdale, FL 33306

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