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23917406
23917407

5308 E Busch Blvd, Temple Terrace, FL 33617

PS
FL bk 696917
VIP International Realty
Listed by VIP International Realty
$2,100,000
351 days on market
Updated 30 days ago

Salem's Fresh Eats

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,722
Cap Rate 3.10%
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 6

Located on Busch Blvd, one of Temple Terrace’s busiest commercial roads, with excellent visibility a

Marketing description

A rare opportunity to acquire a NNN ground lease investment with Salem’s Fresh Eats, a popular and growing fast-casual brand across Florida. Located on Busch Boulevard in Temple Terrace, this property sits in a prime retail corridor with excellent visibility, strong daily traffic, and proximity to key demand drivers.

This is a 100% absolute NNN ground lease with zero landlord responsibilities, offering passive income and long-term stability backed by an established tenant. The surrounding area is densely populated and continues to experience robust growth, supported by major traffic generators like the University of South Florida, I-275, and national retailers.

Priced at only $2,100,000, this offering presents a low-barrier entry point into a secure, income-generating asset—ideal for investors seeking durable cash flow in a thriving Florida submarket.

Investment Highlights:

  • Purchase Price: $2,100,000 – Attractive Low-Ticket Investment

  • Absolute NNN Ground Lease – Zero Landlord Responsibilities

  • Well-Established Tenant – Salem’s Fresh Eats

  • High-Traffic Location – Excellent Frontage on Busch Blvd

  • Proximity to USF, I-275, and Dense Residential Communities

  • Long-Term Lease with Scheduled Rent Increases

  • Strong Consumer Base and Regional Brand Recognition

This is a turnkey investment opportunity offering stability, simplicity, and strategic location—perfect for 1031 exchange buyers or investors building a long-term income portfolio.

Investment highlights

  1. Attractive Purchase Price – Offered at $2,100,000, providing a low-barrier entry into a passive, income-producing asset.

  2. Absolute NNN Ground Lease – True triple-net lease with zero landlord responsibilities, ideal for hands-off investors.

  3. Long-Term Lease – Secure, long-term lease in place with scheduled rent escalations, offering predictable income growth.

  4. Established Tenant – Salem’s Fresh Eats – Popular regional brand with a strong customer base and proven operating history.

  5. Prime Retail Corridor Location – Located on Busch Blvd, one of Temple Terrace’s busiest commercial roads, with excellent visibility and access.

  6. Strong Surrounding Demographics – Surrounded by dense residential neighborhoods, national retailers, and major institutions including the University of South Florida.

  7. High Daily Traffic Counts – Benefits from significant vehicular traffic and strong local footfall.

  8. 1031 Exchange Opportunity – Ideal for investors seeking to reinvest in a secure, stable, income-generating property.

  9. Florida Tax Advantage – Located in a no state income tax market with strong economic and population growth.

Listing Contacts

PS
FL bk 696917
VIP International Realty
Listed by VIP International Realty

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Additional Information

Name
Patricia Savio
License
bk 696917
Brokerage
VIP International Realty, LLC
Brokerage Phone
954-756-4321
Title
Real Estate Broker
Brokerage Address
2255 Glades Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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