I-75 Power Center Shadow Anchored Retail 15500 SW 29th St

Karson & Co is pleased to exclusively present the rare opportunity to acquire an irreplaceable fully fixtured second-generation restaurant and bar with licensing, positioned on a beautiful lakefront in sunny Miramar, Florida. 15500 SW 29th Street comprises a +/- 17,550-square-foot sports bar with over 70 TVs, a game room, an outdoor lakefront lounge with a fire pit, indoor and outdoor private event spaces with dedicated seating for 300+ guests, a +/- 462 SF covered entry area, and a +/- 245 SF beer keg cooler. The restaurant, previously operating as Bokamper's Sports Bar & Grill, is a well-known and renowned destination in the market that has been meticulously maintained and professionally operated by seasoned industry veterans. This full-service, turn-key existing restaurant space comes equipped with FF&E and real estate. The property offers outstanding market fundamentals and there is limited supply of second-generation restaurant opportunities of this caliber currently on the market. Additionally, the property offers flexible B-2, Community Business District zoning, which allows for hotel or retail/mixed-use with a residential component, and offers significant value-add via future redevelopment or repositioning. This asset caters well to continued restaurant operations but would also be a prime hospitality candidate with a beautiful waterfront and immediate walkable amenities. Other prime adaptive reuse options under the B-2 zoning ordinance include cultural/civic/community centers, government, administrative, & service facilities, libraries, a tavern/lounge, an art gallery, a bowling alley, an arcade, a movie theater, a museum, and so much more. Please go to the 'B-2 Permitted Uses' document in the data room to view the permitted and conditionally permitted uses.
15500 SW 29th Street in Miramar, FL is ideally situated on a +/- 2.47-acre parcel in a highly desirable South Florida submarket near the Dade County Line, between the Metro Fort Lauderdale and Miami areas. The property is strategically positioned adjacent to the Fountains of Miramar, a sprawling lakeside shopping center with an impressive 167 surface-level parking spaces for shared use. The property benefits from strong retail co-tenancies and synergies, and is surrounded by national tenants including Home Depot, Ross, HomeGoods, Marshalls, Pet Supermarket, Chick-fil-A, Chipotle, Panera, Benihana, and Texas Roadhouse. Tenants at Fountains of Miramar are top performers in their respective chains, with Chipotle and Chick-fil-A being in the top 75% of nationwide visits, Home Depot being in the top 88% of nationwide visits, and Jersey Mikes, Pet Supermarket, and Mattress Firm being in the top 90% of nationwide visits.

15500 SW 29th Street offers irreplaceable visibility from the heavily trafficked Interstate 75, which sees well over 150,000 vehicles passing by daily. Additionally, Miramar Parkway provides prime visibility to over 58,000 VPD with another 33,000+ VPD on Dykes Road. The property is also in close proximity to Florida's Turnpike, allowing for easy access to those in both Broward County and Dade County. 15500 SW 29th Street is located within 20 minutes of strong demand drivers like Hard Rock Stadium, home of the Miami Dolphins and University of Miami Hurricanes, and the Miami International Autodrome, Miami's new Formula 1 racing track under contract through 2032.

The Fountains of Miramar is a high traffic center which sees over 750,000 people visiting annually, and this number should only grow as this affluent area continues to flourish. There are currently over 313,000 residents with an average household income above $112,000 living within a 5-mile radius, and this demographic accounts for more than $3.3B in total specified consumer spending annually.
Property tours are available by appointment only on Thursday, November 21st from 12-2pm. Please contact the listing broker Arden Karson at arden@KarsonCo.com or (786) 271-3447 to schedule a tour.