Restaurant For Sale • 5,380 SF
| ±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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Varsity Club Trinity-Takeout |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 48 min | - | 27.4 mi |
| Tampa International | 41 min | - | 28.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 40 |
| Type: | Surface |
| Included in Rent: | Yes |