600 Us-27 N - Restaurant FOR SALE
Sebring, FL 33870 |
600 Us-27 N
Sebring, FL 33870
HIGHLIGHTS
- Triple net (NNN) lease with 3 years of initial term remaining, providing an investor with flexibility to reposition the property or add-value by ne
- IHOP has been operating at this location since 1994, and has exercised five option periods so far, showing a strong commitment to the site
- Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia
- This location benefits from Annual Rent based on five percent of the Gross Annual Sales
- Positioned directly across the street and shares a traffic light with the 400,000 square-foot Lakeshore Mall on 73-acres
- The property benefits from 115+ feet of frontage on US-27 (39,000+ VPD)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
2097
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
C-26-34-28-010-00B0-0080
