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40 Towne Center Cir
Sanford, FL 32771
Steak 'N Shake | Corp Abs NNN | Outparcel · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,646 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
Zoning
PD
Parking
44 Spaces (12.07 Spaces per 1,000 SF Leased)
Frontage
51’ on Towne Center Circle
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Recessed Lighting
About 40 TOWNE CENTER CIR , SANFORD, FL 32771
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate guaranteed, drive-thru equipped, Steak ‘n Shake investment property located in Sanford, Florida. The tenant, Steak N Shake, Inc., has approximately 2 years remaining in their current extension period with 3 (5-year) options to extend. The tenant has occupied the space for more than 21 years, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Property Taxes
| Parcel Number | 32-19-30-5MR-2700-0000 | Improvements Assessment | $496,028 |
| Land Assessment | $834,600 | Total Assessment | $1,330,628 |
Property Taxes
Parcel Number
32-19-30-5MR-2700-0000
Land Assessment
$834,600
Improvements Assessment
$496,028
Total Assessment
$1,330,628
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