29925 FL-19 - Fast Food FOR SALE
Tavares, FL 32778 |
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
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CAP RATE
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% LEASED
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TENANCY
-
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
2500
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
31-19-26-0004-000-01600
