11556 N Williams St
Dunnellon, FL 34432
Retail Property For Sale

Marcus & Millichap is pleased to present this absolute triple-net lease Taco Bell restaurant located in Dunnellon, Florida. The property will be operated by U.S. Leader Restaurants, Inc, part of a multi-brand entity operating Taco Bells, Burger Kings and nearly 100 Popeyes in the Southeast. The property consists of a .66-acre parcel improved with an approximately 2,053-square foot building. The newly constructed restaurant has a brand new 15-year lease in place with the annual base rent set at $143,669 with 10 percent rental increases every five years in the base term, as well as the five five-year renewal options. The subject property is located on an outparcel to an active CVS-anchored shopping plaza right on US 41, one of the state’s oldest highways, running from the heart of Downtown Miami, then west along the Nature Coast into Georgia. A new construction Hardee’s is also underway on the adjacent parcel as well a new construction multi-tenant retail center behind the restaurant. Healthy real estate fundamentals with traffic counts of 25,000 vehicles daily and neighboring retailers including KFC, McDonald’s, Sonic, Dunkin’, Wendy’s and Pizza Hut, as well as a Walmart Supercenter located less than a half-mile down the street. The historic city of Dunnellon is located near the west coast of Florida, less than two hours from Orlando and the Walt Disney World attractions. It is part of the expanding Ocala MSA, surrounded by two rivers and known not only for its spectacular waterways, springs and wildlife, but also it’s quaint historic downtown filled with cafes, antique and art shops, extensive trail system and ecotourism.