Fast food restaurant, Florida, USA

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Fast food restaurant, Florida, USA

$2,667,000
$9,988 /m²
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  • Total area
    267 m²
  • Yield
    5.3%
  • Built in 
    2012
Details
Property parameters
  • Land area: 5,787 m²
  • 1-floor building
Financial performance
  • Annual income: $117,006

The one-storey building with commercial units.

Description

Total area of the property is 267 m².

The plot size is 5,787 m².

The property was built in 2012.

Building Class B.

Financial performance

The cost of the property is 2,667,000 $.

Absolute annual income is 140,017 $.

The current yield of 5.25%.

Tenants

The tenant is a network fast food restaurant with 7,000 branches in the U. S. In 2016, the company was named one of Fast Company’s Top 10 Most Innovative Companies in the World.

A new 20-year sale-leaseback agreement with 10% rent bumps every 5 years.

Location and nearby infrastructure

Brooksville is in 66 km north of Tampa.

The area offers abundant hunting, fishing, biking, canoeing, kayaking and camping opportunities. The property has a good access to the Pine Island Park and Weeki Wacchee Springs.

Near the object there are two large shopping centers with many famous trade brands, such as Dunkin Donuts, McDonald's, Wendy's, Arby's, Burger King, Subway.

More properties

If this ad doesn't suit you, have a look at the other restaurants for sale in Florida.

All ads in the country: restaurants for sale in the USA.

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