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NNN Restaurant w/Adjacent Parcel
Lake Wales, FL Winter Haven/Lake Wales

$1,795,000 USD

Portfolio For Sale  •  3,978 SF

2 Properties View all

Property Details

• Property Type Unknown
• Cap Rate 6.69 %

0 Transit Score

53 Walk Score

Highlights

6.69% cap rate

Minimal landlord responsibilities under a true NNN structure

NNN lease with 9 years remaining on the initial term and two (2) five-year renewal options for long term stability

Established restaurant tenant operating successfully for over 25 years

Adjacent 0.41-acre parcel ready for multifamily development at 116 Twin Lake Blvd

Annual 3% rent increases throughout the lease term

Financial Summary (Actual)

Net Operating Income: $120,000 USD (2025)

Cap Rate:

6.69 %