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Even Keel Second Generation Restaurant 1103-1111 E Las Olas Blvd 2,200 SF of Retail Space Available in Fort Lauderdale, FL 33301
HIGHLIGHTS
- Las Olas Location
- $475,000 Asset Sale
- Water-front dining
- Undermarket lease at $10,603 monthly
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1109 | 2,200 SF | 5-15 Years | $37.94 /SF/YR $3.16 /SF/MO $83,468 /YR $6,956 /MO | Triple Net (NNN) |
1st Floor, Ste 1109
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Corner Space
- Las Olas Blvd
- Second Generation Restaurant
- Water-front Dining
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 broker 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.
SELECT TENANTS AT EVEN KEEL SECOND GENERATION RESTAURANT
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hollywood Brewing Las Olas
- Restaurant
- 1
- -
- L Live Tree LLC
- Restaurant
- 1
- -
- Plachter Vogel Design Inc
- Professional, Scientific, and Technical Services
- 1
- -
- Rino's Tuscan Grill
- Restaurant
- 1
- -
- Trata Greek Taverna
- Restaurant
- 1
- -
- Ya Mas
- Cocktail Bar
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hollywood Brewing Las Olas | Restaurant | 1 | - |
| L Live Tree LLC | Restaurant | 1 | - |
| Plachter Vogel Design Inc | Professional, Scientific, and Technical Services | 1 | - |
| Rino's Tuscan Grill | Restaurant | 1 | - |
| Trata Greek Taverna | Restaurant | 1 | - |
| Ya Mas | Cocktail Bar | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,200 SF | Gross Leasable Area | 26,780 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 1.76/1,000 SF |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 26,780 SF |
| Year Built | 2000 |
| Parking Ratio | 1.76/1,000 SF |
ABOUT THE PROPERTY
This is an asset sale for $475,000 with an existing undermarket long-term lease assignment. Located on the most desirable stretch of Las Olas Blvd, this turnkey and recently renovated restaurant offers a rare open-air waterfront setting with expansive outdoor dining directly along the canal. Guests can enjoy spacious outdoor seating areas overlooking the water, creating the perfect environment for happy hour, live entertainment, and weekend dining. The interior features a modern dining room, full bar, commercial kitchen, and multiple storage rooms ideal for food, beverage, and equipment organization. Based on the size and capacity of the premises, an SFS (4COP) liquor license is eligible to be obtained here, allowing full liquor, beer, and wine service. With strong year-round pedestrian traffic and close proximity to luxury residences, hotels, and top retail, this is a rare opportunity to secure a flagship restaurant location in the heart of Fort Lauderdale’s premier dining corridor.
- Air Conditioning
NEARBY MAJOR RETAILERS
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Even Keel Second Generation Restaurant | 1103-1111 E Las Olas Blvd
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