5722 Cypress Gardens Blvd - Restaurant FOR SALE


Winter Haven, FL 33884- Winter Haven/Lake Wales
$5,775,000 USD
561-827-3044
5722 Cypress Gardens Blvd, Winter Haven, FL for Sale
$5,775,000 USD
Restaurant - FOR SALE
1/16
null | 6.25% Cap Rate

5722 Cypress Gardens Blvd
Winter Haven, FL 33884
Winter Haven/Lake Wales


HIGHLIGHTS

  • Golden Corral–branded restaurant with a long operating history at the location • One of the most recognized family dining concepts in the U.S
  • Attractive Net Lease Structure • Absolute NNN lease with zero landlord responsibilities • Over 11+ years remaining on the lease, expiring in 2037
  • Strong Real Estate & Income Stability • Purpose-built single-tenant restaurant situated on approx. 1.33 acres • 100% occupied with stable cash flow
  • Prime Winter Haven / Polk County Location • Directly across from LEGOLAND Florida, a major regional tourism driver
  • Frontage on Cypress Gardens Boulevard with 33,500+ vehicles per day
  • Surrounded by national retailers and supported by continued residential and commercial growth

OVERVIEW

Franklin Street is pleased to offer for sale 5722 Cypress Gardens Boulevard, a single-tenant Golden Corral restaurant located in Winter Haven, Florida, directly across from LEGOLAND Florida. The property sits on approximately 1.33 acres with strong visibility and frontage along Cypress Gardens Boulevard, which sees 33,500+ vehicles per day, and is surrounded by a dense mix of national retailers and restaurants. The property is fully leased to Golden Corral on an absolute NNN lease with over 11 years remaining, featuring annual rent increases and zero landlord responsibilities. Golden Corral is a nationally recognized brand with nearly 500 locations nationwide, providing stable, long-term cash flow backed by an established operator. 5722 Cypress Gardens Boulevard presents an opportunity to acquire a passive, single-tenant net lease asset in a growing Central Florida market, supported by strong traffic counts, tourism driven by LEGOLAND, and continued residential and commercial growth in the surrounding area.

FOR SALE DETAILS

PRICE

$5,775,000 USD

PRICE/SF

$672 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Corral

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-3

APN/PARCEL ID

26-29-02-663640-002181

ASK ABOUT THIS PROPERTY

Dylan MorseFranklin StreetMore Info
561-827-3044

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Dylan MorseFranklin StreetMore Info
561-827-3044

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