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Golden Corral 5722 Cypress Gardens Blvd 8,592 SF Retail Building Winter Haven, FL 33884 $5,775,000 ($672.14/SF) 6.25% Cap Rate
Investment Highlights
- Golden Corral–branded restaurant with a long operating history at the location • One of the most recognized family dining concepts in the U.S
- Strong Real Estate & Income Stability • Purpose-built single-tenant restaurant situated on approx. 1.33 acres • 100% occupied with stable cash flow
- Frontage on Cypress Gardens Boulevard with 33,500+ vehicles per day
- Attractive Net Lease Structure • Absolute NNN lease with zero landlord responsibilities • Over 11+ years remaining on the lease, expiring in 2037
- Prime Winter Haven / Polk County Location • Directly across from LEGOLAND Florida, a major regional tourism driver
- Surrounded by national retailers and supported by continued residential and commercial growth
Executive Summary
Franklin Street is pleased to offer for sale 5722 Cypress Gardens Boulevard, a single-tenant Golden Corral restaurant located in Winter Haven, Florida, directly across from LEGOLAND Florida. The property sits on approximately 1.33 acres with strong visibility and frontage along Cypress Gardens Boulevard, which sees 33,500+ vehicles per day, and is
surrounded by a dense mix of national retailers and restaurants.
The property is fully leased to Golden Corral on an absolute NNN lease with over 11 years remaining, featuring annual rent increases and zero landlord responsibilities. Golden Corral is a nationally recognized brand with nearly 500 locations nationwide, providing stable, long-term cash flow backed by an established operator.
5722 Cypress Gardens Boulevard presents an opportunity to acquire a passive, single-tenant net lease asset in a growing Central Florida market, supported by strong traffic counts, tourism driven by LEGOLAND, and continued residential and commercial growth in the surrounding area.
surrounded by a dense mix of national retailers and restaurants.
The property is fully leased to Golden Corral on an absolute NNN lease with over 11 years remaining, featuring annual rent increases and zero landlord responsibilities. Golden Corral is a nationally recognized brand with nearly 500 locations nationwide, providing stable, long-term cash flow backed by an established operator.
5722 Cypress Gardens Boulevard presents an opportunity to acquire a passive, single-tenant net lease asset in a growing Central Florida market, supported by strong traffic counts, tourism driven by LEGOLAND, and continued residential and commercial growth in the surrounding area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,592 SF
Building Class
C
Year Built
2013
Price
$5,775,000
Price Per SF
$672.14
Cap Rate
6.25%
NOI
$360,864
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.33 AC
Zoning
C-3
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
169’ on Cypress Gardens Boulevard
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-29-02-663640-002181 | Improvements Assessment | $1,272,316 |
| Land Assessment | $754,065 | Total Assessment | $2,026,381 |
Property Taxes
Parcel Number
26-29-02-663640-002181
Land Assessment
$754,065
Improvements Assessment
$1,272,316
Total Assessment
$2,026,381
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Golden Corral | 5722 Cypress Gardens Blvd