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| JB’s on the Beach, a Deerfield Beach, FL restaurant landmark at 300 Northeast 21 Avenue, is up for sale at $18 million |
FORT LAUDERDALE, FL –– Native Realty,
the pioneering Fort Lauderdale-based real estate firm led by Founder and CEO Jaime
Sturgis, has obtained a significant investment sales listing in Deerfield
Beach.
Sturgis and the firm’s Amanda Roy are
exclusively marketing the site of popular restaurant JB’s on the Beach for $18
million.
Located at 300 NE 21 Ave., JB’s has been a staple in
Deerfield Beach for nearly two decades. The available site includes the
oceanfront restaurant property and a nearly one-acre parking lot across the
street from the restaurant.
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| Amanda Roy |
The restaurant operation itself, which is
owned by New York-based Ark Restaurants (Nasdaq: ARKR), is not part of the sale
offering. Boyle Beach House LLC owns the restaurant site.
“The property represents a rare opportunity to own a triple net leased (NNN) investment with future redevelopment potential.” Sturgis said.
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| Jaime Sturgis |
“The property represents a rare opportunity to own a triple net leased (NNN) investment with future redevelopment potential.” Sturgis said.
“Being
one of only a handful of oceanfront sites, which rarely come available, and one
of the only restaurants to have dedicated private parking, makes this a truly unique
legacy asset.”
CONTACT:
Eric Kalis
Vice President,
BoardroomPR
O 954-370-8999
C 305-794-5123