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7820 113th St
Seminole, FL 33772
Wild Fork Foods | New 15yr Corp Abs NNN · Retail Property For Sale
Investment Highlights
- New 15-Year Lease | Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Outparcel To Highly-Ranked Publix | Seminole City Center
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Wild Fork
Foods investment property located in Seminole, Florida. The tenant, Wild Fork Foods, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The lease is guaranteed by Wild Fork Foods’ parent company, JBS USA Holding Lux S.a.r.l., the world’s largest producer of beef and poultry.
Foods investment property located in Seminole, Florida. The tenant, Wild Fork Foods, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The lease is guaranteed by Wild Fork Foods’ parent company, JBS USA Holding Lux S.a.r.l., the world’s largest producer of beef and poultry.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,346 SF
Building Class
C
Year Built/Renovated
1972/2026
Price
$5,354,000
Price Per SF
$1,600.12
Cap Rate
5%
NOI
$267,680
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.51 AC
Zoning
C-2
Parking
32 Spaces (9.56 Spaces per 1,000 SF Leased)
Frontage
116’ on 113th St
Amenities
- Restaurant
- Air Conditioning
Property Taxes
| Parcel Number | 28-30-15-75202-000-0014 | Improvements Assessment | $1,311,523 |
| Land Assessment | $783,977 | Total Assessment | $2,095,500 |
Property Taxes
Parcel Number
28-30-15-75202-000-0014
Land Assessment
$783,977
Improvements Assessment
$1,311,523
Total Assessment
$2,095,500
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