Looking for a solid commercial investment with built-in growth potential? This offering features a fully leased NNN restaurant property along with an adjacent parcel ideally suited for multifamily development, providing both stable income and significant long-term upside.
The restaurant property includes a 3,978 sq ft building situated on a 62,350 sq ft (1.43-acre) lot with a long-term tenant under a true NNN lease, offering reliable cash flow and minimal landlord responsibilities. The lease includes annual 3% rent increases for the duration of the term, ensuring consistent income growth year over year. The neighboring parcel totals 17,979 sq ft (0.41 acres) and presents a prime opportunity for new multifamily construction, with favorable zoning and strong surrounding demographics supporting continued residential demand.
Located in a thriving commercial corridor with excellent visibility and accessibility, this property benefits from consistent traffic, strong area growth, and proximity to major retailers, residential communities, and employment centers. The combination of a stabilized NNN asset and a ready to develop parcel makes this a rare opportunity for investors seeking both income and development potential.
Don’t miss out on this exceptional investment and development opportunity in one of Florida’s most desirable markets. Contact Foresight Property Services today for a private showing or additional information.
Please do not disturb the tenant or make direct inquiries at the property; all communication and showings must be coordinated through Foresight Property Services. One of the partners is a Licensed Florida Real Estate Agent.