3707 US Highway 301 N - Fast Food FOR SALE


Ellenton, FL 34222
$2,100,000 USD
972-755-5279
3707 US Highway 301 N, Ellenton, FL for Sale
$2,100,000 USD
Fast Food - FOR SALE
1/18
null | 5.54% Cap Rate

3707 US Highway 301 N
Ellenton, FL 34222


HIGHLIGHTS

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Manatee County is one of Florida's Fastest-Growing Counties with Nearly 20% Population Growth Since 2020
  • Located Strategically Between Tamiami Trail (US-41, 68,400 VPD) and I-75 (142,000 VPD) with Direct Frontage to 35,489 VPD on US-301
  • Operated by the Largest Popeyes Franchisee in the State of Florida (Pulse Restaurant Group) | Approximately 50 Locations and Experienced Leadership
  • Next 10% Rent Bump Scheduled for 7/1/2029 | Long-Term NNN Lease with 13+ Years Remaining
  • Approximately 10,000 New Homes Under Construction in the Surrounding Trade Area | Communities Continue to Expand Along the US-301 Corridor

OVERVIEW

Paine Restaurant Group at Marcus & Millichap is pleased to present the investment opportunity located at 3707 U.S. Highway 301 N in Ellenton, Florida. Featuring an absolute triple-net leased Popeyes property ideally positioned near high volume traffic corridors, the offering provides a secure, passive investment backed by a strong tenant. As a result, this asset is an attractive acquisition option for investors seeking stable, hands-off income. The lease includes a scheduled 10 percent rent increase on July 7, 2029, with a primary term extending through July 6, 2034, offering long-term income visibility. The property is operated by the second-largest Popeyes franchisee in the United States, which currently manages over 130 locations, underscoring the tenant’s operational strength and commitment to the brand. Strategically located in Manatee County—one of Florida’s fastest-growing regions experiencing 20 percent population growth since 2020—the asset likewise benefits from strong demographic trends and increasing consumer demand. Furthermore, the US-301 trade area continues to experience retail expansion, highlighted by a new Tim Hortons planned less than half a mile from the property, along with continued national-brand development throughout the greater Ellenton/Parrish corridor This surge in surrounding development reinforces the corridor’s status as a growing retail hub, driving foot traffic and supporting long-term tenant performance. As a result, this retail asset is a highly desirable opportunity for investors prioritizing durability and upside potential.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$927 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

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

John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

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John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

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