Florida Triple Net Lease PDQ Restaurants Retail FOR SALE


$5,028,000 USD
352-631-4200
for Sale
$5,028,000 USD
Retail - FOR SALE
1/8
null | 6.32% Cap Rate

Florida Triple Net Lease PDQ Restaurants


HIGHLIGHTS

  • Absolute NNN — no landlord obligations at either asset
  • PDQ Corporate Guaranty on both leases
  • Both properties on hard corners with dual ingress/egress
  • Strong, growing Florida markets — Florida has no state income tax
  • Passive income with built-in rent escalations

OVERVIEW

PDQ RESTAURANT PORTFOLIO | ABSOLUTE NNN | CORPORATE GUARANTY | SW FLORIDA SVN Commercial Partners presents a rare opportunity to acquire a two-property PDQ restaurant portfolio in high-traffic Southwest Florida trade areas — offered as a portfolio ($5,028,000) or individually. PORTFOLIO OVERVIEW Combined Asking Price: $5,028,000 Combined NOI: $318,000/year Blended Cap Rate: ~6.33% Lease Type: Absolute NNN — Zero Landlord Responsibilities Guarantor: PDQ Corporate (36-location chain, FL/NC/NJ) Rent Increases: $12,000 every 5 years at both properties Options: Five (5) x Five (5)-Year Renewal Options at each location ASSET 1 — PINELLAS PARK, FL | $2,750,000 | 6.33% CAP 4601 Park Blvd N | Pinellas Park, FL 33781 NOI: $174,000 | 10 Years Remaining on 20-Year Initial Term 3,309 SF | 1.35 Acres | Hard Corner Traffic: 59,500 VPD on Park Blvd N Shadowed by Publix | Surrounded by national retail (Walmart, Home Depot, Target, Chick-fil-A) ASSET 2 — SARASOTA, FL | $2,278,000 | 6.32% CAP 5164 South Tamiami Trail | Sarasota, FL 34231 NOI: $144,000 | 5 Years Remaining on 15-Year Initial Term 4,496 SF | 1.54 Acres | Hard Corner Traffic: 49,000 VPD on US-41/Tamiami Trail Exceptional Store Financials | Contiguous to Rooms To Go | Affluent trade area (2025 avg HH income $151K within 1 mile)

ASK ABOUT THIS PROPERTY

Rob HenrySVN | Commercial PartnersMore Info
352-631-4200

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Rob HenrySVN | Commercial PartnersMore Info
352-631-4200

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