15822 US Highway 441 - Retail FOR SALE


Eustis, FL 32726
$4,671,000 USD
980-498-3293
15822 US Highway 441, Eustis, FL for Sale
$4,671,000 USD
Retail - FOR SALE
1/4
null | 5.65% Cap Rate

15822 US Highway 441
Eustis, FL 32726


HIGHLIGHTS

  • HIGH PERFORMING LOCATION IN DENSE RETAIL NODE
  • PRO-BUSINESS CLIMATE WITH ZERO STATE INCOME TAX
  • ORLANDO, FL MSA TAILWINDS

OVERVIEW

STRONG LEASE FUNDAMENTALS - Absolute NNN Lease with zero landlord obligations - Long term 20 Year Lease with 4 x 5 Year option periods remaining - 1.5% Increases annually in initial term and in options NEW DEVELOPMENT IN HIGH TRAFFICKED CORRIDOR - Site is located on US Hwy 441 (44K VPD), which is the primary retail corridor through Eustis, FL - The site benefits from strong visibility and exposure to thousands of vehicles daily, driving consistent consumer traffic ORLANDO, FL MSA TAILWINDS - Strategic Positioning within the Orlando MSA - Metro population surpasses 2.7M residents - Among the fastest growing metros in the U.S. - Driven by in-migration, diverse employment, and 75M+ annual visitors - Strong demand drivers for retail & QSR performance HIGH PERFORMING LOCATION IN DENSE RETAIL NODE - Top line revenue for this location is over $3.60M (~50% than national Zaxby’s AUV) - Within a 1-mile radius of the site is more than 1.4M SF of retail space - Nearby national retailers include: Publix Supermarket, Kohls, Tractor Supply Co., Hobby Lobby, TJ Maxx, and more EXPERIENCED MULTI-UNIT FRANCHISEE GUARANTEE - The guarantor operates 22+ (4 currently under development) Zaxby’s locations across the region, as well as 3 HipBurger locations - Total System wide sales eclipsed $75M - Their scale provides added financial security for investors PRO-BUSINESS CLIMATE WITH ZERO STATE INCOME TAX - Florida is one of only 9 states with no state income tax, attracting over 1,200 new residents per day - Consistently ranked a Top 5 state for business climate by Chief Executive Magazine - Orlando MSA has added more than 500,000 residents in the past decade - Probusiness policies and rapid in-migration create sustained demand for retail and QSR growth

FOR SALE DETAILS

PRICE

$4,671,000 USD

PRICE/SF

$1,168 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxby's

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

22-19-26-0305-000-00900

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.