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Florida Triple Net Lease PDQ Restaurants 2 Retail Properties Offered at $5,028,000 in Multiple Locations
Investment Highlights
- Absolute NNN — no landlord obligations at either asset
- Both properties on hard corners with dual ingress/egress
- Passive income with built-in rent escalations
- PDQ Corporate Guaranty on both leases
- Strong, growing Florida markets — Florida has no state income tax
Executive Summary
PDQ RESTAURANT PORTFOLIO | ABSOLUTE NNN | CORPORATE GUARANTY | SW FLORIDA
SVN Commercial Partners presents a rare opportunity to acquire a two-property PDQ restaurant portfolio in high-traffic Southwest Florida trade areas — offered as a portfolio ($5,028,000) or individually.
PORTFOLIO OVERVIEW
Combined Asking Price: $5,028,000
Combined NOI: $318,000/year
Blended Cap Rate: ~6.33%
Lease Type: Absolute NNN — Zero Landlord Responsibilities
Guarantor: PDQ Corporate (36-location chain, FL/NC/NJ)
Rent Increases: $12,000 every 5 years at both properties
Options: Five (5) x Five (5)-Year Renewal Options at each location
ASSET 1 — PINELLAS PARK, FL | $2,750,000 | 6.33% CAP
4601 Park Blvd N | Pinellas Park, FL 33781
NOI: $174,000 | 10 Years Remaining on 20-Year Initial Term
3,309 SF | 1.35 Acres | Hard Corner
Traffic: 59,500 VPD on Park Blvd N
Shadowed by Publix | Surrounded by national retail (Walmart, Home Depot, Target, Chick-fil-A)
ASSET 2 — SARASOTA, FL | $2,278,000 | 6.32% CAP
5164 South Tamiami Trail | Sarasota, FL 34231
NOI: $144,000 | 5 Years Remaining on 15-Year Initial Term
4,496 SF | 1.54 Acres | Hard Corner
Traffic: 49,000 VPD on US-41/Tamiami Trail
Exceptional Store Financials | Contiguous to Rooms To Go | Affluent trade area (2025 avg HH income $151K within 1 mile)
SVN Commercial Partners presents a rare opportunity to acquire a two-property PDQ restaurant portfolio in high-traffic Southwest Florida trade areas — offered as a portfolio ($5,028,000) or individually.
PORTFOLIO OVERVIEW
Combined Asking Price: $5,028,000
Combined NOI: $318,000/year
Blended Cap Rate: ~6.33%
Lease Type: Absolute NNN — Zero Landlord Responsibilities
Guarantor: PDQ Corporate (36-location chain, FL/NC/NJ)
Rent Increases: $12,000 every 5 years at both properties
Options: Five (5) x Five (5)-Year Renewal Options at each location
ASSET 1 — PINELLAS PARK, FL | $2,750,000 | 6.33% CAP
4601 Park Blvd N | Pinellas Park, FL 33781
NOI: $174,000 | 10 Years Remaining on 20-Year Initial Term
3,309 SF | 1.35 Acres | Hard Corner
Traffic: 59,500 VPD on Park Blvd N
Shadowed by Publix | Surrounded by national retail (Walmart, Home Depot, Target, Chick-fil-A)
ASSET 2 — SARASOTA, FL | $2,278,000 | 6.32% CAP
5164 South Tamiami Trail | Sarasota, FL 34231
NOI: $144,000 | 5 Years Remaining on 15-Year Initial Term
4,496 SF | 1.54 Acres | Hard Corner
Traffic: 49,000 VPD on US-41/Tamiami Trail
Exceptional Store Financials | Contiguous to Rooms To Go | Affluent trade area (2025 avg HH income $151K within 1 mile)
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
PDQ
4601 Park Blvd, Pinellas Park, FL 33781 |
Retail | 3,309 SF | 1998 | - |
|
PDQ
5164 S Tamiami Trl, Sarasota, FL 34231 |
Retail | 4,496 SF | 2013 | - |
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Florida Triple Net Lease PDQ Restaurants
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