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1225 Palm Beach Lakes Blvd
West Palm Beach, FL 33401 Roosevelt Estates

$7,180,884 USD

Fast Food For Sale  •  900 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,566 SF
  • Lot Size 1.61 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.05 %
  • Tenancy Multiple
30 Transit Score
60 Walk Score

Highlights

Three Tenant QSR Offering - Dunkin Donuts, KFC, Taco Bell
20 Year NNN Ground Leases Executed in 2022 | Scheduled Increases in Primary Term and Option Periods
Large Franchisee Operators with 162 Unit, 230 Unit and 105 Unit Guarantees
West Palm Beach, FL Population of 225,994 People within a 5-Mile Radius
Average Household Income of $119,920 within a 5-Mile Radius
KFC and Taco Bell have 7.5% increases every 5 years | Dunkin Donuts has 10% increases every 5 years

Property Flyers

Cap Rate: 5.05 %

Major Tenants

Tenant SF Occupied Lease End Date
Dunkin' Donuts 900 SF 11/30/2042
KFC 1,833 SF 3/31/2042
Taco Bell 1,833 SF 8/31/2042

Public Transportation

Commuter RailDriveWalkDistance
3 min 20 min 1.0 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min - 1.1 mi
AirportDriveWalkDistance
Palm Beach International 11 min - 4.9 mi
Adam Friedlander 310-766-5205 Colliers
Adam Friedlander 310-766-5205 Colliers