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5484 Lena Rd
Bradenton, FL 34211
Absolute Net Lease PDQ - Lakewood Ranch · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate backed lease by PDQ - Operators = original founders of Outback Steakhouse
  • Rent increases of $12,000 every five years during initial 15 year term and all five (5) - 5 year option periods
  • Annual rent set to increase $12k (approximately 6%) in less than 10 months to $199,800
  • Absolute Net Lease - Zero Landlord Responsibility
  • Approximately 11 years remaining on 15 year initial lease term
  • Emerging fast casual brand QSR with more than 60+ locations in 5 states and more to come

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,907 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.70 AC
Zoning
PD-I - Planned Development
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
103’ on Sr-70 Rd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17310-0221-9
Land Assessment
$766,085
Improvements Assessment
$677,499
Total Assessment
$1,443,584
  • Listing ID: 23413368

  • Date on Market: 6/15/2021

  • Last Updated:

  • Address: 5484 Lena Rd, Bradenton, FL 34211

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