1778 Blanding Blvd - Fast Food FOR SALE


Middleburg, FL 32068
$2,778,947 USD
714-336-4737
1778 Blanding Blvd, Middleburg, FL for Sale
$2,778,947 USD
Fast Food - FOR SALE
1/2
null | 4.75% Cap Rate

1778 Blanding Blvd
Middleburg, FL 32068


HIGHLIGHTS

  • Newer Construction, High-Image QSR
  • Long Term, Passive Lease Structure
  • Full Corporate Guaranty

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Whataburger located at 1778 Blanding Blvd, Middleburg, FL 32068. The site consists of roughly 3,061 rentable square feet of building space on an estimated 1.12-acre parcel of land. This Whataburger is subject to a 15 Years-year Triple Net (NNN) lease, which commenced 2/11/2021. The current annual rent is $132,000 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,778,947 USD

PRICE/SF

$1,177 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

-

APN/PARCEL ID

32-04-25-008102-001-04

ASK ABOUT THIS PROPERTY

Cade KearnNNN Pro GroupMore Info
714-336-4737

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Cade KearnNNN Pro GroupMore Info
714-336-4737

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