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702-706 NE 1st Ave
Fort Lauderdale, FL 33304
Retail Property For Lease · 8,864 SF

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HIGHLIGHTS

  • Second Generation Restaurant
  • High barrier to entry for new restaurants and bars
  • Open layout with modern finishes
  • Onsite + Street Parking
  • High visibility in heart of Flagler Village
  • Garage bay door

PROPERTY FACTS

Total Space Available 8,864 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 8,864 SF
Year Built/Renovated 1965/2019
Parking Ratio 2.93/1,000 SF

ABOUT THE PROPERTY

This second-generation bar/restaurant space in Flagler Village, Fort Lauderdale, presents a unique leasing opportunity in one of the city’s most rapidly developing neighborhoods. The space is fully built out, allowing a new operator to open quickly without the need for extensive renovations. This is a rare chance to step into a turnkey operation in a highly sought-after area. Located just a short distance from Las Olas Boulevard, this space benefits from its proximity to one of Fort Lauderdale’s most popular destinations. The area has seen a surge in recent developments, from luxury residential buildings to creative office spaces, which has attracted a diverse and dynamic community. This asset is ideally positioned amidst two major upcoming developments, Hines FAT Village and AIMCO’s Searstown redevelopments. These projects are set to bring over 1,600 new residential units, 188 hotel rooms, and nearly 720,000 square feet of office, retail, and commercial spaces. The vibrant mix of culture, nightlife, and innovation makes Flagler Village a hotspot for both locals and visitors. In addition to the bar/restaurant space, there is also a retail or creative office opportunity available upstairs. This space, built out with a fully functional kitchenette, can be leased together with the restaurant or separately, offering flexibility for businesses looking to establish a presence in this dynamic neighborhood. Given the limited availability of quality retail and dining spaces in Flagler Village, this lease offers a significant opportunity in a neighborhood with considerable barriers to entry. The high demand for spaces in this area underscores the value of securing a location in this thriving community. For those looking to establish or expand their presence in one of South Florida's most desirable neighborhoods, these fully equipped spaces provide the ideal foundation for a successful venture.

  • Air Conditioning
  • Listing ID: 36863682

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 702-706 NE 1st Ave, Fort Lauderdale, FL 33304

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