$5,295,000
Active · 504 days on market · MLS# MFRO6279940
| Living area | 11,626 sq ft |
|---|---|
| Lot size | 2.54 acres |
| Year built | 1996 |
| Property type | Restaurant |
| Waterfront | Yes |
| Annual taxes | $39,508 |
| County | Marion |
This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.
Listing courtesy of Edward Johnston, COLDWELL BANKER RESIDENTIAL RE. Presented by MC Homes Realty Inc · 727432218.