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Listed by:

Viewpoint Realty International

Second Generation Restaurant For Lease In Tarpon Springs

Tarpon Springs, Florida, US
Asking Price:
$5,500 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Second generation 5,000 sq ft restaurant available for lease in the heart of the famous Tarpon Springs Sponge Docks, one of West Florida’s most visited tourist destinations. This fully built-out hospitality space is available May 1st and offers an exceptional opportunity to operate in a high-foot-traffic waterfront district surrounded by successful restaurants and a brewery.

The premises include all furniture, fixtures and equipment, a fully operational commercial kitchen with hood system, walk-in refrigerator, large office, ample storage and multiple service areas. The property features a full liquor SRX licensed bar with seating for over 25 guests, positioned between two spacious dining rooms. The layout includes four restrooms, with two located on one side of the restaurant and two on the other, providing efficient guest flow and operational flexibility.

Located in a heavy pedestrian area with strong tourist activity, the property benefits from multiple public parking lots and on-street parking typical of the Sponge Docks district. The lease is structured as Triple Net with total monthly rent of $5,500 (excluding sales tax), comprised of $3,500 base rent and approximately $2,000 in NNN fees. The owner may consider a lease-to-purchase arrangement for qualified tenants.

This is a rare opportunity to secure a large, fully equipped restaurant space in one of Florida’s premier tourist corridors.

Property Information

Real Estate:

Lease

Lease Terms:

Triple Net lease. Base rent $3,500/month plus approximately $2,000/month NNN fees. Lease expiration 11/14/2024. Owner may consider lease-to-purchase for qualified tenant.

Leasehold Rent:

$66,000 per annum

Lease Rent:
$13 per sq ft per annum
Location:

Located in the heart of the Tarpon Springs Sponge Docks, a major West Florida tourist attraction with heavy pedestrian traffic and close proximity to other successful restaurants and a brewery.

Premises Details:

5,000 sq ft fully equipped restaurant with two large dining rooms, full SRX liquor bar seating over 25, commercial kitchen with hood, walk-in refrigerator, large office, ample storage, service areas and four restrooms.

Size in square feet:
5,000 square feet.
Planning Consent:

Existing restaurant and full liquor SRX use in place.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Large flexible layout supports high-capacity dining, private events, expanded menu concepts and potential lease-to-purchase opportunity for long-term control.

Competition / Market:

Situated among established restaurants and hospitality businesses in a high-demand tourist destination with strong walking traffic.

Reasons for selling:

Lease opportunity available.

Other Information

Financing available:

Lease-to-purchase may be considered; enquire for details.

Business closed / Asset sale:
Yes