Restaurant
Hard Rock Café - Key West, FL
313 Duval St, Key West, FL 33040
Listing Price: $14,000,000
Investment Overview
Marcus & Millichap is pleased to present the sale of Hard Rock Café, located at 313 Duval St, Key West, FL 33040. The offering features a long-standing Hard Rock Café location in the heart of Key West, operating since 1996 and backed by a corporate guarantee from Hard Rock Café International, an S&P BBB-rated entity with over 248 venues across 76 countries. The lease is NNN, ensuring minimal landlord responsibilities and attractive CPI-based annual rent increases. Situated in the high-traffic 100–300 block of Duval Street, the property benefits from over 2.2 million annual tourists and proximity to the Key West cruise ship terminal. The Hard Rock Café also draws thousands of weekly visitors with live music events, further reinforcing tenant stability. The asset sits on a rare 17,196 SF lot—among the largest on Duval Street—and includes 12 dedicated parking spaces, a premium amenity in this supply-constrained market. With strong tenant credit, prime location, and enduring tourist demand, this property offers investors a rare opportunity to acquire a trophy asset in one of Florida’s most visited destinations.
Hard Rock Café - Key West, FL
Investment Highlights
- Hard Rock Café International began operating at this location in September 1996. For nearly 30 years, it has been a Duval Street staple, offering dining and world-class entertainment
- The Hard Rock Café lease is NNN, offering minimal landlord responsibilities and featuring attractive annual CPI-based rent increases
- Backed by a corporate guarantee from Hard Rock Café International—an S&P BBB-rated entity with over 248 venues locations across more than 76 countries—the lease offers strong credit tenancy
- Situated in the 100–300 block of Duval Street, this location benefits from over 2.2 million annual tourists and is just minutes from the Key West cruise ship port of call
- With over 2.2m annual tourist, the Hard Rock Café Key West offers weekly live music events attracting thousands of guest weekly
- This property sits on a 17,196 SF lot—one of the largest on Duval Street—and features a rare on-site amenity: 12 dedicated parking spaces
- Duval Street offers a limited supply of commercial space, with properties rarely coming to market. There is steady demand from national retailers and restaurants seeking a presence in this prime, high foot traffic location
Exclusively Listed By
Financing By
Listing Price: $14,000,000
Investment Highlights
- Hard Rock Café International began operating at this location in September 1996. For nearly 30 years, it has been a Duval Street staple, offering dining and world-class entertainment
- The Hard Rock Café lease is NNN, offering minimal landlord responsibilities and featuring attractive annual CPI-based rent increases
- Backed by a corporate guarantee from Hard Rock Café International—an S&P BBB-rated entity with over 248 venues locations across more than 76 countries—the lease offers strong credit tenancy
- Situated in the 100–300 block of Duval Street, this location benefits from over 2.2 million annual tourists and is just minutes from the Key West cruise ship port of call
- With over 2.2m annual tourist, the Hard Rock Café Key West offers weekly live music events attracting thousands of guest weekly
- This property sits on a 17,196 SF lot—one of the largest on Duval Street—and features a rare on-site amenity: 12 dedicated parking spaces
- Duval Street offers a limited supply of commercial space, with properties rarely coming to market. There is steady demand from national retailers and restaurants seeking a presence in this prime, high foot traffic location
Investment Overview
Marcus & Millichap is pleased to present the sale of Hard Rock Café, located at 313 Duval St, Key West, FL 33040. The offering features a long-standing Hard Rock Café location in the heart of Key West, operating since 1996 and backed by a corporate guarantee from Hard Rock Café International, an S&P BBB-rated entity with over 248 venues across 76 countries. The lease is NNN, ensuring minimal landlord responsibilities and attractive CPI-based annual rent increases. Situated in the high-traffic 100–300 block of Duval Street, the property benefits from over 2.2 million annual tourists and proximity to the Key West cruise ship terminal. The Hard Rock Café also draws thousands of weekly visitors with live music events, further reinforcing tenant stability. The asset sits on a rare 17,196 SF lot—among the largest on Duval Street—and includes 12 dedicated parking spaces, a premium amenity in this supply-constrained market. With strong tenant credit, prime location, and enduring tourist demand, this property offers investors a rare opportunity to acquire a trophy asset in one of Florida’s most visited destinations.
Exclusively Listed By
Financing By
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