3707 US Highway 301 N - Fast Food FOR SALE


Ellenton, FL 34222
$2,898,180 USD
484-290-5873
3707 US Highway 301 N, Ellenton, FL for Sale
$2,898,180 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

3707 US Highway 301 N
Ellenton, FL 34222


HIGHLIGHTS

  • One of the Largest and Most Experienced Popeye's Operators in the County, With Over 150 Stores in Florida and Georgia
  • Located on the Heavily Traveled US-301, on Average, Over 36,000 Vehicles Pass By the Site Each Day
  • Located in a Tax Free Florida, the Property is Situated Less Than 5 Minutes From I-75 in Ellenton, Which is on the South Side of Tampa Bay
  • Well-Established Location That Was Built to the Tenant's Specifications in 2019
  • Absolute Net Lease With No Landlord Responsibilities Making it an Ideal Management Free, Passive Investment
  • 9+ Years of Term Remaining With 10% Rent Bumps Every 5 Years, Which Offers a Strong Hedge Against Inflation

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale This Single Tenant, Absolute Net Leased Popeyes Located at 3707 U.S. Highway 301 N. in Ellenton, Florida. The 2,265 SF Property is Leased By Sailormen, Inc., One of the Largest and Most Experienced Popeye’s Operators in the Country, With Over 150 Units in Florida and Georgia. The Property’s In-Fill Location on the Heavily Traveled US 301 is Ideal For a Quick-Serve Restaurant - Extremely High Traffic Counts, a Growing Population and the Areas Many Draws Should Ensure the Operator is Successful For Years to Come. In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman Lic. FL #BK3369953

FOR SALE DETAILS

PRICE

$2,898,180 USD

PRICE/SF

$1,280 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeye's - Ellenton, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

GC

APN/PARCEL ID

9586-1060-9

ASK ABOUT THIS PROPERTY

Jack KelloggSands Investment GroupMore Info
484-290-5873

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Jack KelloggSands Investment GroupMore Info
484-290-5873

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