29925 FL-19 - Fast Food FOR SALE
Tavares, FL 32778 |
$4,476,000 USD
561-427-6699
29925 FL-19
Tavares, FL 32778
HIGHLIGHTS
- Rare opportunity to own a hyper secure, newly constructed 15-YR Starbucks in Central Florida
- Lake County's population has surged by more than 17% since 2020 making it one of the fastest growing counties in Florida
- Prime location in front of high volume Publix and proximity to best in class traffic generators
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Fee simple ownership of the building allows for depreciation boosting after tax returns
FOR SALE DETAILS
PRICE
$4,476,000 USD
PRICE/SF
$1,790 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | 15-YR Lease | Publix OP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,130 SF
ZONING
A
APN/PARCEL ID
31-19-26-0004-000-01600
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
561-427-6699
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
561-427-6699
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
