This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Carpet, Ceramic Tile
Living Area: 11626.00
Roof: Metal
Land Information
Lot Features: Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Ground Level, Lighted, Over 30 Spaces
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Electric: 200+ Amp Service
Heating: Central
Road Frontage Type: Main Throrughfare
Sewer: Public Sewer
Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 317653.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Accessibility Features: Accessible Approach with Ramp, Accessible Entrance, Accessible Full Bath
Country: US
Legal Description: SEC 24 TWP 15 RGE 21 PLAT BOOK C PAGE 51 SUNSET AD BLK E LOTS 1.2.3.12.13.14 LESS AND EXC THE ELY 98 FT OF LOT 14 & THE S 6.07 FT OF THE ELY 98 FT OF LOT 1 TOGETHER WITH THAT PART OF ABROGATED ALLEY LYING BETWEEN LOTS
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Apply Now
