American Realty Network LLC
Listed by American Realty Network LLC
$2,100,000
RED CRAB - 4050 NW FEDERAL HWY, JENSEN BEACH, FL 34957
Details
Property Type Retail
Sub Type Restaurant
Square Footage 6,548
Net Rentable (SqFt) 6,548
Units 1
Cap Rate 5.11%
NOI $107,210
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 06/01/2030
Remaining Term 4
Lease Options 5
Price per SqFt $321
Class B
Year Built 2003
Stories 1
Zoning PUD
Parking Spaces 86 spaces
Parking Per SqFt 13.13
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 06/01/2020
Occupancy Date 06/01/2020
Ground Lease No
Retail | 5.11% CAP | 6,548 SF
Marketing description
Prime investment opportunities.
True Triple Net leased. 10 years leased (Commencement date is June 2020).
Remaining 6 years + 5 years option to renew.
Very successful chain restaurant business.
6,548 Sf. Stand-alone building.
Plenty of parking spaces are available.
Prime location on Federal Hwy in Jensen Beach.
Investment highlights
On Federal Hwy
NNN Leased
Listing Contacts
American Realty Network LLC
Listed by American Realty Network LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,210.00
$8,934.17/mo
Valuation Metrics
0
DSCR
5.11%
Cap Rate
5.11%
ROI
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