411 Us Highway 27 S - Fast Food FOR SALE


Avon Park, FL 33825
$2,331,400 USD
732-415-7503
411 Us Highway 27 S, Avon Park, FL for Sale
$2,331,400 USD
Fast Food - FOR SALE
1/7
null | 4.75% Cap Rate

411 Us Highway 27 S
Avon Park, FL 33825


HIGHLIGHTS

  • Attractive Rent Increases
  • Corporate Tenant
  • Zero Landlord Responsibilities
  • Strategic Retail Location
  • Economic Drivers
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Wendy’s Investment Property located at 411 us Highway 27 S in Avon Park, Florida (the “Property”). Wendy’s has been at this location since 2013 and has 18+ years remaining on their absolute triple-net lease with one (1), 10-year renewal option. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and the renewal option. Wendy’s is well-located along US Highway 27 S, the area’s primary commercial and commuter corridor. The Property is situated in the center of Avon Park and is surrounded by national and local retailers and restaurants that drive traffic to the area. The Property is also convenient to the area’s residential neighborhoods providing a built-in customer base. The Property is seconds from the intersection with W Main Street and offers convenient access to state roads and interstates, area schools, AdventHealth Sebring (Hospital), Avon Park Executive Airport and South Florida State College.

FOR SALE DETAILS

PRICE

$2,331,400 USD

PRICE/SF

$844 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

C2

APN/PARCEL ID

A-22-33-28-240-0000-0080

ASK ABOUT THIS PROPERTY

Zach NobleHorvath & TremblayMore Info
732-415-7503

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Zach NobleHorvath & TremblayMore Info
732-415-7503

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