Active

$5,400,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 11626 sq ft
Overview
  • ID: MFRO6279940
  • Bedrooms:
  • Bathrooms: 0
  • Size: 11626 sq ft
Property Details
Remarks
This is a NNN Sale producing 5.75% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.3% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
Financial Considerations
Price:
$5,400,000
HOA Fee:
N/A
Tax Amount:
$39507.63
Price per SqFt:
$429.39
Tax Legal Description:
SEC 24 TWP 15 RGE 21 PLAT BOOK C PAGE 51 SUNSET AD BLK E LOTS 1.2.3.12.13.14 LESS AND EXC THE ELY 98 FT OF LOT 14 & THE S 6.07 FT OF THE ELY 98 FT OF LOT 1 TOGETHER WITH THAT PART OF ABROGATED ALLEY LYING BETWEEN LOTS
Exterior Features
Lot Size:
110642
Lot Features:
Central Business District, Curb and Gutters, City Limits, Landscaped, Near Public Transit, Oversized Lot, Retention Pond, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Ground Level, Lighted, Over 30 Spaces
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Carpet, Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Restaurant
Style:
N/A
Year Built:
1996
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2111 SW COLLEGE RD
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