Second-generation restaurant opportunity on Washington Avenue in Miami Beach. Fully built-out restaurant space in excellent condition with a long-term lease in place through 2032, offered as a key money transaction.

The space comprises approximately 3,381 SF of rentable area, consisting of approximately 3,051 SF of ground-floor interior space plus a 330 SF outdoor patio. An additional ±1,198 SF second-floor mezzanine is included as bonus usable space but is not considered rentable area and is not used in rent calculations. Rent is not calculated on a per-square-foot basis.

The property features a true second-generation buildout, including existing commercial kitchen infrastructure, hood and suppression system, grease interceptor, bar buildout, restrooms, and utilities in place, allowing for a significantly reduced time and cost to opening.

Current base rent is approximately $13,000 per month under a modified gross lease, with no CAM or operating expense pass-throughs currently being charged. The lease is assignable to a qualified operator, subject to landlord approval.

A full 4COP restaurant liquor license is available, subject to buyer qualification and approval. Reference floor plan attached. Additional details upon request.
Key Money: $399,000