Hard Rock Café - Key West 313 Duval St 11,237 SF Retail Building Key West, FL 33040 $17,797,980 CAD ($1,583.87 CAD/SF) 6.79% Cap Rate

Marcus & Millichap is pleased to present the sale of Hard Rock Café, located at 313 Duval St, Key West, FL 33040. The offering features a long-standing Hard Rock Café location in the heart of Key West, operating since 1996 and backed by a corporate guarantee from Hard Rock Café International, an S&P BBB-rated entity with over 248 venues across 76 countries. The lease is NNN, ensuring minimal landlord responsibilities and attractive CPI-based annual rent increases. Situated in the high-traffic 100–300 block of Duval Street, the property benefits from over 2.2 million annual tourists and proximity to the Key West cruise ship terminal. The Hard Rock Café also draws thousands of weekly visitors with live music events, further reinforcing tenant stability. The asset sits on a rare 17,196 SF lot—among the largest on Duval Street—and includes 12 dedicated parking spaces, a premium amenity in this supply-constrained market. With strong tenant credit, prime location, and enduring tourist demand, this property offers investors a rare opportunity to acquire a trophy asset in one of Florida’s most visited destinations.