This Property is no longer advertised on Showcase.com.
Off Market
1/11

1228 Finley Ave
Davenport, FL 33897


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years with four 5-year renewal options!
  • Experienced in real estate development and multi-unit restaurant operations, the operating group signed a 23-Unit Development Agreement
  • Lease is Personally Guaranteed by all 5 owner/operators with a combined net worth of over 50 million!
  • New, high-quality, build-to-suit construction to Slim Chickens latest prototype - slated to open July 2024 (Est.) - IMPRESSIVE DOUBLE DRIVE-THRU!
  • This fee simple (land & building) ownership asset is currently under construction on a large ±1.07-acre lot, with excellent visibility/access
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 74,266 | Average Household Income (1-MI): $83,756 | Historical Annual Growth (2020-2023) (1-mi): 15.2%

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

SLIM CHICKEN'S - DAVENPORT, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

3622

STORIES

1

YEAR BUILT

2024

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

26-25-25-998496-000080