This Retail Property is no longer advertised on LoopNet.com.

699 Mayport Crossing Blvd
Atlantic Beach, FL 32233
Single Tenant Absolute NNN -Wendy's · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,040 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Zoning
PUD
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
206’ on Mayport Crossing Blvd

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

About 699 MAYPORT CROSSING BLVD , ATLANTIC BEACH, FL 32233

Price / Precio: US 1,963,200 CAP / Retorno: 5.0 % Building Area / Area Construida: approx. SF 3,400= 282 m² Lot / Terreno: approx. SF 34369 = 3,193 m² NOI / Ingreso Neto : US $98,160 Annual Expenses / Gastos anuales: Tenant responsible for all expenses including property tax, insurance and maintenance (Inquilino responsable por todos los gastos, incluyendo impuesto predial y seguro). Contract Terms / Términos de la renta: 9+ years remaining through 4/28/2029 (9+ años de contrato restantes). Increases / Incrementos de rentas: CPI max 1.5% anual including options (1.5% al año) Extensions/ Extensión: Four- 5 years (cuatro opciones de 5 años cada) Guarantor / Garantizado por: Wen South LLC a subsidiary of Meritage Hospitality Group Stock symbol MHGU

Property Taxes

Property Taxes

Parcel Number
168368-0110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,591,915
  • Listing ID: 18449656

  • Date on Market: 2/7/2020

  • Last Updated:

  • Address: 699 Mayport Crossing Blvd, Atlantic Beach, FL 32233

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