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3499 W Norvell Bryant Hwy
Lecanto, FL 34461
BJ's Wholesale Club | 20-YR Abs Net Lease · Retail Property For Sale
Investment Highlights
- New construction BJ's Wholesale Club (NYSE: BJ) in tax-free, high-growth state with scheduled rent increases
- Located at major regional intersection along with Target, Walmart, and Sprouts Farmers Market
- Fee simple ownership allows for depreciation boosting after tax returns
- Absolute Net lease with 5% rent increases provides passive ownership and hedge against inflation
- BJ's Wholesale Club operates 267 clubs and in 2025 saw $4 billion in profit on $21 billion in revenue
- 2,100 homes are under construction in Citrus County and the extension of SR 589 to SR 44 and W. Norvell Bryant Hwy. has connected Lecanto to Tampa
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 20 Year Absolute Net BJ's Wholesale lease in Lecanto, FL. BJ's is scheduled to open December 2026.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
106,370 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$25,914,000
Price Per SF
$243.62
Cap Rate
5.25%
NOI
$1,360,472
Tenancy
Single
Building Height
1 Story
Zoning
GNC - General Commercial
Property Taxes
| Parcel Number | 18E-18S-21-0000-10000 | Improvements Assessment | $0 |
| Land Assessment | $4,931,230 | Total Assessment | $4,931,230 |
Property Taxes
Parcel Number
18E-18S-21-0000-10000
Land Assessment
$4,931,230
Improvements Assessment
$0
Total Assessment
$4,931,230
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