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4050 NW Federal Hwy 6,548 SF Retail Building Jensen Beach, FL 34957 $2,100,000 ($320.71/SF) 5.28% Cap Rate

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INVESTMENT HIGHLIGHTS

  • On Federal Hwy
  • NNN Leased

EXECUTIVE SUMMARY

Prime investment opportunities.
Triple Net leased. 10 years leased (Commencement date is June 2020).
Remaining 6 years + 5 years option to renew.
Very successful chain restaurant business.
6,548 Sf. Stand-alone building.
Plenty of parking spaces are available.
Prime location on Federal Hwy in Jensen Beach.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,548 SF
Building Class
B
Year Built
2003
Price
$2,100,000
Price Per SF
$320.71
Cap Rate
5.28%
NOI
$110,862
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.27 AC
Zoning
PUD - Planned Unit Development
Parking
86 Spaces (6.72 Spaces per 1,000 SF Leased)
Frontage
200’ on NW Federal Hwy

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Publix
Cracker Barrel Old Country Store
Buddy's Home Furnishings
9Round
Olive Garden
Miller's Ale House
Chase Bank
Bank of America
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-37-41-004-003-00022-0
Land Assessment
$269,020
Improvements Assessment
$642,160
Total Assessment
$911,180
  • Listing ID: 33031645

  • Date on Market: 9/1/2024

  • Last Updated:

  • Address: 4050 NW Federal Hwy, Jensen Beach, FL 34957

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