3289 W Us-90
Lake City, FL 32055
Arby's Traffic Light Corner near Interstate · Retail Property For Sale
Investment Highlights
- Busy stoplight corner with Interstate visibility
- Remodeled in 2015
- City Utilities
- Located in the heart of Commercial Growth Corridor
Property Facts
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
- Drive Thru
About 3289 W US-90 , LAKE CITY, FL 32055
Here’s your chance to own the strongest corner in Lake City, FL! This property is located at the first traffic light corner at US Hwy 90 and Interstate 75. This location is very busy with Interstate traffic as well as local. The property is adjacent to the newest commercial development project, The Corner at Commerce Blvd which will soon be home to the new Texas Roadhouse and an upscale hotel. Newly remodeled restaurant (March 2015). Visible signage and easy ingress/egress on US Highway 90. Quick access to I-75. City utilities are in place at this location. The current tenant, Arby’s restaurant, has exercised their first lease renewal period which will expire on January 31, 2022. They have two (2) additional 5-year lease renewal options. There is excellent upside value in release potential if the current tenant does not exercise renewal options.
Property Taxes
| Parcel Number | 35-3S-16-02545-001 | Improvements Assessment | $356,812 |
| Land Assessment | $989,888 | Total Assessment | $1,346,700 |
Property Taxes
