About This Restaurant
Investment Highlights
High-Traffic Thoroughfare in Dominant Retail Trade Area Adjacent to The Villages Community | Strong Local Demographics 100% Occupied & Internet-Resistant with Long NNN Lease Terms Remaining and Exceptional Rent Growth
Executive Summary
Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the 100% fee simple interest in the 7-tenant strip center located at 13721 North U.S. Highway 441 in Lady Lake, Florida. Encompassing 10,297 square feet on 1.37 acres, the Property is positioned as an outparcel to Lowe?s Home Improvement along U.S. Highway 441 (37.5K+ VPD). The Property offers investors the rare opportunity to own an established, Internet-proof strip center located in one of the fastest growing MSAs in the nation.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Restaurant General Retail Storefront Storefront Retail/Office
- Building Size 10,297
- Year Built 2021
- Price 5,800,000
- Price Per SF 563
- Cap Rate 6
- NOI 348,000
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.17
- Land Acres 1.38 AC
Amenities
- Signage
- Drive Thru
- Monument Signage
Nearby Amenities & Transportation
| Retail | Chase Bank | ||
| Retail | Cracker Barrel Old Country Store | ||
| Retail | ALDI | ||
| Retail | First Watch | ||
| Retail | Publix | ||
| Retail | Denny's | ||
| Retail | Bank of America | ||
| Retail | Planet Fitness | ||
| Retail | Regions Bank | ||
| Retail | Truist |
Property Taxes
| Parcel Number | D01M006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,379,660 |
| Date Created: | 2024-07-16 04:13:34 | Last Updated: | 2024-07-16 04:13:34 |
| Address: | 13721 N US Highway 441 , Lady Lake, Florida, 32159 | ||