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2900 W Norvell Bryant Hwy
Lecanto, FL 34461

$2,662,000 USD

Fast Food For Sale  •  2,544 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,544 SF
  • Lot Size 1.47 AC
  • Building Class B
  • Year Built 2018
  • Cap Rate 5.25 %
  • Tenancy Single
  • Zoning PSO
40 Walk Score

Highlights

Property Is Secured by 20-Year Absolute NNN Lease W/ 13.25 Years Remaining, Guaranteed by WenCo Restaurant Group, LLC (39 Units)
7.5% Rent Increases Every Five Years, With Four (4) Five-Year Renewal Options Providing Long-Term Income Growth
Located Along W. Norvell Bryant Hwy, This Wendy’s Benefits From Proximity to the Shoppes at Black Diamond, a 29-Acre Development
Nearby Major Employers Including Citrus County School District, Citrus County Government, HCA Florida Hospital Inverness (900 Employees), etc

Property Flyers

Cap Rate: 5.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's 10/5/2038

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Peter Deltondo 949-419-3267 Deltondo Advisory Group
Peter Deltondo 949-419-3267 Deltondo Advisory Group