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600 Us-27 N
Sebring, FL 33870
Retail Property For Sale
Investment Highlights
- Triple net (NNN) lease with 3 years of initial term remaining, providing an investor with flexibility to reposition the property or add-value by ne
- Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia
- Positioned directly across the street and shares a traffic light with the 400,000 square-foot Lakeshore Mall on 73-acres
- IHOP has been operating at this location since 1994, and has exercised five option periods so far, showing a strong commitment to the site
- This location benefits from Annual Rent based on five percent of the Gross Annual Sales
- The property benefits from 115+ feet of frontage on US-27 (39,000+ VPD)
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,097 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.76 AC
Zoning
B3
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on Us-27 N
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Number | C-26-34-28-010-00B0-0080 | Improvements Assessment | $326,601 |
| Land Assessment | $265,890 | Total Assessment | $592,491 |
Property Taxes
Parcel Number
C-26-34-28-010-00B0-0080
Land Assessment
$265,890
Improvements Assessment
$326,601
Total Assessment
$592,491
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