List Search

5311 Sundance Trl
Wildwood, FL 34785

$2,294,222 USD

Restaurant For Sale  •  1,673 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,673 SF
  • Lot Size 0.54 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.85 %
  • Tenancy Single
  • Zoning CMU
0 Transit Score
39 Walk Score

Highlights

12+ years remaining on a 15-year Triple Net (NNN) lease with 2% annual rent increases.
Dominant operator, as the lease is guaranteed by Dyne Hospitality Group, an operator of 120+ Tropical Smoothie Cafes.
High-traffic corridor with excellent visibility from Sumter County Rd 466A (17,300 AADT).
Affluent customer base, positioned across from Palmetto Executive Golf Course, Big Cypress Pool & Recreation Center and more.
Shadow anchorage to a top-performing Lowe’s, which draws over 77,000 visits monthly from nearly 46,000 unique visitors.
Strategically positioned within the heart of the retail corridor, with neighboring tenants in the immediate and walkable vicinity.
Cap Rate: 5.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Tropical Smoothie Cafe 1,673 SF 8/31/2038

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC