1880 E State Road 60 - Restaurant FOR SALE


Valrico, FL 33594
$3,384,179 USD
703-477-1315
1880 E State Road 60, Valrico, FL for Sale
$3,384,179 USD
Restaurant - FOR SALE
1/6
null | 5.75% Cap Rate

1880 E State Road 60
Valrico, FL 33594


HIGHLIGHTS

  • Strong Sales & a Low Rent-to-Sales Ratio
  • Excellent Access & Visibility along State Road 60 (65,000 VPD)
  • Surrounded by Shopping Centers

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 10,003-square-foot Cracker Barrel Old Country Store situated on 1.87 acres in Valrico, Florida (MSA Population: 3.36M). Cracker Barrel's absolute NNN lease features ±15.0 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.

FOR SALE DETAILS

PRICE

$3,384,179 USD

PRICE/SF

$338 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Valrico, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

194

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

-

APN/PARCEL ID

U-24-29-20-70C-000000-00002.0

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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