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6508 University Pky
Sarasota, FL 34240 North Sarasota

$2,990,000 USD

Fast Food For Sale • 4,448 SF

Property Details

Property Type Fast Food
Total Building Size 4,448 SF
Lot Size 1 AC
Building Class B
Year Built 2022
Cap Rate 3.41 %
Tenancy Single
Zoning PCD

0 Transit Score

28 Walk Score

                
                    Highlights
                
                                ? Absolute NNN Corporate McDonald’s Ground Lease - ZERO Landlord Responsibilities
                            
                                ? Long Term Lease – 17± Years Left on the Primary Term
                            
                                ? 10% Rent Increases Every 5-Years (next increase occurring in 2027 which bumps the CAP to 3.75%)
                            
                                ? Excellent Lakewood Ranch Location – #1 Multi-Generational Master-Planned Community in the US
                            
                                ? Highly Affluent Demographics – 3-mile average household income exceeding $165,000
                            
                                ? Outpacel to the Center Point at Waterside – a premier 50-acre mixed-use destination w/ a best-in-class tenant roster

Property Flyers

OM - McDonald's Lakewood Ranch (Sarasota), FL

Cap Rate:

3.41 %

Amenities

Signage

Public Transportation

Airport	Drive	Walk	Distance
Sarasota/Bradenton International	19 min	-	9.3 mi

Derrick Schroeder 954-296-6955 Solid Investments

6508 University Pky Sarasota, FL 34240 North Sarasota