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Restaurant For Lease • 5,408 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Retail | 5,408 SF | $30.00 USD/SF/YR | |
The building is 6,000 SF, $180k annual rent and 3% of gross revenue from the location, tenant covers all costs associated with the building. 33,000 Average Daily Traffic Count
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This current IHOP restaurant features an immaculately located restaurant leasing opportunity. The building is located directly on Belvedere Road, a block from major US highway I-95 and Palm Beach International Airport as well as minutes away from Downtown West Palm Beach and US-1. Belvedere Road features an average daily Traffic Count of over 33,000 cars per day and presents excellent visibility for the restaurant tenant. If you have any questions about the property reach out to us today, this unique opportunity will not last! Lease is $150,000 per year and 3% of revenue, base rent increases 3% per year and we'll sign up to a 7 year lease.
| Median household income of $68,951 within a one mile raidus |
| Belvedere Rd has a daily traffic count of 32,655 vehicles |
| 7 minute drive from Downtown West Palm Beach |
| 6 minute drive from Palm Beach International Airport |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 5 min | - | 2.1 mi |
| West Palm Beach (Mainline - Brightline) | 6 min | - | 2.5 mi |
| Airport | Drive | Walk | Distance |
| Palm Beach International | 6 min | - | 2.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 60 |
| Type: | Surface |
| Included in Rent: | Yes |
Joacim Borg
Index Investment Group
Joacim Borg
Index Investment Group
