Exceptional Retail/Restaurant Leasing Opportunity at Aura Seaside

Description

Exceptional Retail/Restaurant Leasing Opportunity at Aurora Seaside

Discover a prime restaurant space in the heart of South Florida at 1300 S Dixie Hwy, Lantana, FL 33462. This 4,518-square-foot property offers restaurateurs a golden opportunity to bring their vision to life in a bustling location known for its luxury and accessibility. With potential for expansive indoor and outdoor dining areas, this venue is ideal for an established restaurant concept aiming to expand its footprint or introduce a unique dining experience to a vibrant community. The proximity to Aurora Seaside, a top luxury waterfront apartment complex, ensures a steady stream of potential patrons right at your doorstep, making this an ideal spot for culinary success.

Highlights:

• Size: 4,518 SF under air, with potential for expansive patio dining along Dixie Hwy.
• Visibility: High-profile location with great visibility on Dixie Hwy, capturing abundant vehicle traffic.
• Access: Convenient access from Interstate I-95.
• Parking: There is ample parking availability, with over 50 dedicated spots.

Leasing Details:

• Asking Lease Rate: $35 PSF + CAMS
• Base Rent: $158,000/year
• CAMs: Approximately $8,400/year
• Real Estate Taxes: Approximately $32,000/year
• Insurance: Approximately $15,000/year
• Lease Terms: 10-year minimum with two 5-year options extendable by the tenant

Permits and Licensing:

• Liquor License: Full liquor bar permitted with SFS or 4COP liquor license.

Tenant Improvements:

• Customization: Tenant Improvement Allowance and Buildout Specifications:For ambitious restaurateurs aiming to customize this space to their exact specifications, the landlord offers flexible tenant improvement (TI) allowances. The allowances provided will vary based on the financial and operational strength of the restaurant group, ensuring that the most promising concepts receive the support necessary to flourish. The current space is a grey shell, offering a blank canvas for various restaurant designs and layouts. Depending on the specific needs of the concept, such as grease traps, ventilation hoods, and other infrastructure, the landlord is prepared to collaborate closely with tenants. This support can range from direct TI contributions to assisting with the construction process itself, ensuring that the space is delivered ready for operation and tailored to the tenant’s unique vision.This proactive approach to helping to shape the space not only facilitates a faster setup for the restaurant but also aligns the property’s potential with the tenant’s concept for mutual success. Whether you are looking to create a cozy bistro, a bustling pizzeria, or a refined fine dining establishment, the landlord is committed to assisting in transforming this venue into a bespoke setting that aligns with your culinary ambitions and operational needs.

Nearby:

• Aura Seaside Apartments: Immediate customer base from the luxury waterfront apartment complex, featuring 250 units within the vibrant community.

Ideal For:

• Cuisine Flexibility: Open to a variety of concepts, including Coffee Shop, Bakery, Italian, Pizza, Mediterranean, Seafood, Mexican, BBQ, and more.
• Concept Review: All restaurant concepts will be carefully considered and reviewed.

Additional Information:

• Immediate Customer Base: Direct access to residents of Aurora Seaside, a premier destination for luxury waterfront apartment living in South Florida.

Property Overview:

• Construction: Part of the outparcel property of the Aurora Seaside apartment complex, consisting of two five-story buildings with modern amenities.

Capitalize on this outstanding leasing opportunity where location, visibility, and flexibility converge to provide an ideal setting for a thriving restaurant. Set your culinary concept among the elite in Lantana’s dynamic dining scene.

• Size: 4500
• Lease: 10 with options
• Year built: 2024
• Infrastructure Included: Grey Shell buildout
• Zoning: zoned for retail / restaurant / cafe