This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% 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.
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
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