About This Restaurant
Investment Highlights
Absolute NNN Lease - No Landlord Responsibilities CAP: 5%% Rent Escalation of 10% every 5 years Price: $1,200,000 NOI: $60,000 10 year Lease with 5 Five-Year Options
Executive Summary
Absolute NNN lease international brand QSR. Ten year lease with 5 five-year options. Rent escalation of 10% every 5 years.
Property Details
- Sale Type Investment NNN
- Sale Condition Sale Leaseback
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant Fast Food
- Building Size 2,023
- Building Class B
- Year Built/Renovated 1974/2008
- Price 1,200,000
- Price Per SF 593
- Cap Rate 5
- NOI 60,000
- Tenancy Single
- Building Height 1 Story
- Slab To Slab 12?
- Building FAR 0.08
- Land Acres 0.58 AC
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 11-44-24-00-00017.4A70 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $653,003 |
| Date Created: | 2024-07-16 04:13:33 | Last Updated: | 2024-07-16 04:13:33 |
| Address: | 13160 N Cleveland Ave , North Fort Myers, Florida, 33903 | ||