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702-706 NE 1st Ave
2,482 - 8,864 SF of Space Available in Fort Lauderdale, FL 33304
Space Availability (3)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste A1 | 3,255 SF | Negotiable | £35.50 /SF/PA £2.96 /SF/MO £382.17 /m²/PA £31.85 /m²/MO £115,569 /PA £9,631 /MO | Triple Net | ||
| 1st Floor, Ste A2 | 3,127 SF | Negotiable | £35.50 /SF/PA £2.96 /SF/MO £382.17 /m²/PA £31.85 /m²/MO £111,024 /PA £9,252 /MO | Triple Net | ||
| 2nd Floor, Ste Suite 2 | 2,482 SF | Negotiable | £27.61 /SF/PA £2.30 /SF/MO £297.25 /m²/PA £24.77 /m²/MO £68,540 /PA £5,712 /MO | Triple Net |
1st Floor, Ste A1
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
1st Floor, Ste A2
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 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.
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste Suite 2
- Lease rate does not include utilities, property expenses or building services
- Fits 7 - 20 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 702-706 NE 1st Ave , Fort Lauderdale, FL 33304
| Property Type | Retail | Year Built/Renovated | 1965/2019 |
| Property Subtype | Restaurant | Parking Ratio | 2.93/1,000 SF |
| Gross Internal Area | 8,864 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal 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 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
Nearby Major Retailers
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Power Broker Jaime Sturgis -
Ana Carrillo -
Native Realty Co.
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702-706 NE 1st Ave
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