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2312 N Roosevelt Blvd
Key West, FL 33040
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,690 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.72 AC
Zoning
CG
Parking
33 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
About 2312 N ROOSEVELT BLVD , KEY WEST, FL 33040
• Rare opportunity to acquire prime Key West, FL real estate • High barriers to entry, supply constrained market • 18.5 years remaining on 20-year NNN lease • New construction with zero landlord responsibilities • 10% rent increases every 5 years provides inflation hedge • Excellent underlying real estate fundamentals with full access and prominent visibility to 36,000 ADT along Roosevelt Blvd (US-1) • Roosevelt Blvd is the primary retail thoroughfare serving Key West and the Lower Keys • Excellent sales performance – low rent to sales ratio • CG Zoning allows for future vertical development • Fee simple ownership allows for depreciation of the building • No State income tax in Florida
Property Taxes
| Parcel Number | 00065720-000000 | Improvements Assessment | $684,563 |
| Land Assessment | $2,126,813 | Total Assessment | $2,811,376 |
Property Taxes
Parcel Number
00065720-000000
Land Assessment
$2,126,813
Improvements Assessment
$684,563
Total Assessment
$2,811,376
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