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Off Market
1/1

13402 Pine Gap Spur
Odessa, FL 33556


HIGHLIGHTS

  • New 20-Yr ground lease with national tenant in top Florida growth market
  • Owner benefits from low basis due to ground lease and large capital investment by tenant
  • Andy's operates over 135 locations across 15 states and is aggressively expanding across the Sunbelt
  • Corporately owned and operated store with strong financials
  • Pasco is the 3rd fastest growing County in Florida wth over 17,500 homes in development in the immediate trade area
  • Absolute Net ground lease with 10% rent increases provides completely passive ownership for out of state investor

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

Andy's Frozen Custard (Corp. 135+ Locations)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

2400

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

27-26-17-0180-00000-00D0