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1635 County Road 220 - Taco Bell, Fleming Island, FL
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1635 County Road 220 - Taco Bell
Fleming Island, FL 32003-4902 - Orange Park/Clay County Submarket
1.01 AC (43,996 SF)
For Sale Price:
Marcus & Millichap is pleased to present this 2,188-square foot investment opportunity of a single-tenant, triple-net leased restaurant property operating as a Taco Bell. This Taco Bell is newly constructed in 2016 and sits on a 1.01 acre outparcel at the entrance to a newly developed Kohl' s and Home Depot shopping center. The property has 20-years remaining on a new absolute triple-net lease. The lease provides for 10 percent increases every five years and at the beginning of each four five-year option.
The property offers great access and visibility along Doctors Inlet Road, with exposure to over 29,000 cars per day and provides for excellent population demographics as well as the average household income is in excess of $95,000 per year. The operator of this location is U.S. Leader Restaurants,Inc. which currently operates 19 Taco Bell restaurants. In 2015, USL had revenues in excess of $25 million. This property is situated in the main shopping corridor of Fleming Island, FL. Surrounding retailers include Kohl' s, Target, Walmart, Publix, and Home Depot among others.
*ALL OFFERS MUST BE SUBMITTED IN SELLER APPROVED LOI. PLEASE CONTACT LISTING AGENT FOR APPROVED FORM.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Marcus & Millichap Inc
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