Turn-Key Restaurant Available For Lease @ The Cove

Properties for Lease

Turn-Key Restaurant Available For Lease @ The Cove

Address

1576-78 SE 3rd Court
Deerfield Beach, FL 33441
United States

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Property Type: Retail
Base Rent: $36.00/sf NNN
Listing Status: Active

Contact Info

Russell Adler
Cell: 954-801-8100
Russ@atlanticcg.com

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Property Description

This fully built-out, turn-key restaurant space is located in the well-known Cove Shopping Center, located just east of US 1 (aka Federal Highway) and Hillsboro Blvd. in Deerfield Beach. This second-generation restaurant space, with a 30+ year operating history, is available immediately. Numerous and well-known restaurants and retailers are located at this property, including The Cove Restaurant, John the Baker, The Cove Brewery, and many others.

The iconic Cove Shopping Center was built in 1959 and renovated in 2019. It has numerous retail shops, restaurants, and bars, and 1,797 parking spaces. Asking rent reduced to $36.00/sf NNN, plus $9.00/sf for expenses. No key money.

Location Description

This listing is located in a bustling, easily accessible industrial area in Deerfield Beach. The location offers a robust network of transportation routes, including proximity to major highways and is surrounded by a diverse mix of commercial, industrial, and residential properties.

Additional Information Site Highlights
County: Broward
Operating Expenses: $9.00/sf
Min. Divisible Space: 1,900 SF
Max. Contiguous Space: 2,832 SF
Total SF Available: 2,832 SF
Year Built: 1961
Lot Size: 0.23 Acres
  • Turn-Key Fully Built Out Restaurant
  • Lease includes all Furnishings Fixtures Equipment
  • No Key Money
  • No Liquor License Required
Recent News

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After 25 years of operations, Houston-based women's clothing and accessories chain Francesca's filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, with plans to close all approximately 400 stores across 45 states and liquidate. The filing came after a convergence of factors including a 2023 data breach, failed investments in non-core brands, supply chain disruptions after two major suppliers lost their own funding, and the failure of an anticipated capital infusion in December 2025. The company carries about $30.1 million in secured debt, with between $10 million and $50 million in consolidated assets and approximately 1,000 to 5,000 creditors, including landlords Simon Property Group and Tanger Properties listed among its top 30 unsecured creditors. This marks the second bankruptcy filing in six years for Francesca's, which was previously sold out of bankruptcy in January 2021 to an affiliate of private equity firm TerraMar Capital for $18 million.

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