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Carrabba's Italian Grill 910 3rd St SW 7,322 SF Retail Building Winter Haven, FL 33880 $3,782,000 ($516.53/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- TOP PERFORMING LOCATION VERIFIED BY PLACER.AI
- DIVERSIFIED REVENUE STREAMS
- ABSOLUTE NNN LEASE STRUCTURE
- ROBUST MARKET GROWTH
- STRATEGIC RETAIL POSITION
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity in Winter Haven, FL. This premier Carrabba's Italian Grill location delivers outstanding performance with annual sales of $4.5M and an optimal 5% rent-to-sales ratio, ranking in the top 20% percent of all Carrabba's locations nationwide according to Placer.ai analytics.
Elite Performance & Corporate Backing This top-tier location maintains sustainable unit economics while ranking in the top 20 percent nationally, verified by industry-leading Placer.ai data. The investment features an Absolute NNN lease structure with corporate guarantee from Bloomin' Brands (NASDAQ: BLMN), a $4.4 billion company operating 1,450+ locations across 47 states.
Prime Retail Corridor Position Strategically positioned on 3rd Street SW with 34,000+ vehicles per day, the property enjoys exceptional visibility within Winter Haven's dominant retail corridor. Surrounded by established national retailers including Publix, Target, Chick-fil-A, Lowe's, Starbucks, ALDI, Wawa, and Walmart Supercenter, ensuring consistent traffic and cross-shopping opportunities.
Robust Market Fundamentals Winter Haven's demographic expansion supports long-term growth, with population and households projected to increase 20% over the next five years within a 1-3 mile radius. This Central Florida location benefits from its strategic position between Tampa and Orlando, driving continued residential and commercial development.
Elite Performance & Corporate Backing This top-tier location maintains sustainable unit economics while ranking in the top 20 percent nationally, verified by industry-leading Placer.ai data. The investment features an Absolute NNN lease structure with corporate guarantee from Bloomin' Brands (NASDAQ: BLMN), a $4.4 billion company operating 1,450+ locations across 47 states.
Prime Retail Corridor Position Strategically positioned on 3rd Street SW with 34,000+ vehicles per day, the property enjoys exceptional visibility within Winter Haven's dominant retail corridor. Surrounded by established national retailers including Publix, Target, Chick-fil-A, Lowe's, Starbucks, ALDI, Wawa, and Walmart Supercenter, ensuring consistent traffic and cross-shopping opportunities.
Robust Market Fundamentals Winter Haven's demographic expansion supports long-term growth, with population and households projected to increase 20% over the next five years within a 1-3 mile radius. This Central Florida location benefits from its strategic position between Tampa and Orlando, driving continued residential and commercial development.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,322 SF
Building Class
B
Year Built
2003
Price
$3,782,000
Price Per SF
$516.53
Cap Rate
6%
NOI
$226,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
Frontage
105’ on 3rd St SW
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26-28-29-620500-000021 | Improvements Assessment | $749,529 |
| Land Assessment | $468,313 | Total Assessment | $1,217,842 |
PROPERTY TAXES
Parcel Number
26-28-29-620500-000021
Land Assessment
$468,313
Improvements Assessment
$749,529
Total Assessment
$1,217,842
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Carrabba's Italian Grill | 910 3rd St SW
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