2193 Hwy 71 - Restaurant FOR SALE
Marianna, FL 32448 |
$4,636,300 USD
561-427-6699
2193 Hwy 71
Marianna, FL 32448
HIGHLIGHTS
- Rare two-tenant asset with 12 year corporately guaranteed leases
- Starbucks NNN self-maintain lease and Take 5 Absolute Net Ground Lease provide very limited landlord maintenance responsibilities
- Starbucks has investment grade credit and a market capitalization of over $107 billion; Take 5 operates 1,540+ locations and Driven Brands has a marke
- Located immediately off I-10 interchange next to Walmart Supercenter & Lowe's
- Fixed 10% rental increases every 5 years provide hedge against inflation
- Fee simple ownership of Starbucks building allows for depreciaton boosting after tax returns
FOR SALE DETAILS
PRICE
$4,636,300 USD
PRICE/SF
$790 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks & Take 5 Oil - 12-YR Corp Leases
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
84
LAND DETAILS
LAND ACRES
2.02 AC
LAND SF
87,991 SF
ZONING
-
APN/PARCEL ID
25-4N-10-0000-0130-0000,25-4N-10-0000-0130-0022
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561-427-6699
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561-427-6699
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