List Search

9299 4th St N
Saint Petersburg, FL 33702 Gandy

$2,033,333 USD

Fast Food For Sale  •  664 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 664 SF
  • Lot Size 0.36 AC
  • Building Class B
  • Year Built 2025
  • Tenancy Single
40 Transit Score
50 Walk Score

Highlights

Long-Term Absolute NNN Lease: Scooter’s Coffee operates under a 20-year absolute NNN lease through December 2045, with approx. 19 years of remaining
Contractual Rent Growth: The lease includes 10% rent increases every five years
Attractive Blended Return: The offering provides a 6.96% blended cap rate across the initial 20-year lease term
Personal Lease Guarantee: The lease is backed by a personal guarantee, providing an additional layer of security
Strong Retail Fundamentals: The surrounding retail market maintains a low 3.8% vacancy rate, reflecting strong occupancy and limited available space
Strong Household Incomes : Average household income exceeds $94,000 within three miles and $97,000 within five miles

Property Flyers

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 16 min - 6.2 mi
Tampa International 22 min - 13.2 mi
Sarasota/Bradenton International 57 min - 39.5 mi
Tarek Chbeir 407-929-1355 Marcus & Millichap
Tarek Chbeir 407-929-1355 Marcus & Millichap