Listed by S.L. Nusbaum Realty Co
$1,230,770
Human Bean Drive-Thru Coffee
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 600
Cap Rate 6.5%
NOI $80,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options Three, 5-year
Pro-Forma Cap Rate 6.5%
Pro-Forma NOI $80,000
Price per SqFt $2,051
Broker Co-Op Yes
Year Built 2024
Acreage 0.250
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Only Drive-Thru Coffee in Downtown Marianna
Marketing description
SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to The Human Bean at 4380 Lafayette Street in Marianna, FL. The store was built in April of 2024 and is the first and only drive-thru coffee shop in Downtown Marianna.
It is run by an experienced QSR operator (Dairy Queen, Dickey’s Barbecue Pit) who lives in Marianna and is very involved in the day-to-day operations. The owner will sign a 15-year absolute NNN lease, with zero landlord responsibilities, at close of escrow.
Investment highlights
▪ Newer construction-Non Modular
▪ Only drive-thru coffee shop in Downtown Marianna
▪ Experienced QSR operator
▪ Florida has no state income tax.
Listing Contacts
Listed by S.L. Nusbaum Realty Co
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,000.00
$6,666.67/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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