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3523 Little Rd
Trinity, FL 34655 Seven Springs

$2,228,571 USD

Restaurant For Sale  •  5,380 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,500 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning C1
0 Transit Score
60 Walk Score

Highlights

±18.3 years remaining lease term with 15% rental escalators every 5 years
NNN lease — tenant responsible for all taxes, insurance, maintenance, and operating expenses
In-place lease projected to fully recapture initial investment within the base term
Operator has opened and operated more than 30 restaurant locations in the Tampa Bay MSA
Surrounded by 8,500+ existing and planned homes in one of Pasco County's fastest-growing communities
Positioned near SR 54 (±59,000 VPD) with retail synergy alongside Walmart, Target, Publix, and Chick-fil-A
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Varsity Club Trinity-Takeout

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 48 min - 27.4 mi
Tampa International 41 min - 28.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Andrew Doerr 813-436-9209 Matthews™
Andrew Doerr 813-436-9209 Matthews™