About This Restaurant
Investment Highlights
Traffic lighted intersection location New 20 Year Ground Lease
Executive Summary
New 20-year base term just signed by Tenant. 10% increases every 5 years. 5 five-year option terms.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,398
- Building Class C
- Year Built/Renovated 1967/2018
- Price 4,165,085
- Price Per SF 1,737
- Cap Rate 5.25
- NOI 218,667
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 0.84 AC
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
Parcel Number | 00-42-43-36-11-000-0011 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,455,757 |
Date Created: | 2024-07-16 04:13:33 | Last Updated: | 2024-07-16 04:13:33 |
Address: | 980 N Military Trl , West Palm Beach, Florida, 33415 |