Listed by Linville Team Partners
$4,175,000
3494 Western Blvd
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 8,299
Cap Rate 6.35%
NOI $265,253
Occupancy 100%
Tenancy Multi
Brand/Tenant Jersey Mikes, Kwench
Price per SqFt $503
Year Built 2016
Buildings 1
Stories 1
Acreage 1.120
Zoning CC
Retail/Restaurant | 6.35% CAP | ±8,299 SqFt
Marketing description
Prime multi-tenant NNN investment offering in concentrated retail corridor with VPD of 45,000. Located adjacent to Publix-anchored shopping center, featuring top regional and state-wide sales for national tenants. Site features great visibility, multiple points of ingress/egress, signal access, and updated 2016 build.
Investment highlights
Tenants include: Jersey Mike's Subs, Massage Envy, Peno Mediterranean Grill and Kwench Juice Cafe.
Primary retail thoroughfare for submarket.
Well-established tenants with staggered term expirations.
Listing Contacts
Listed by Linville Team Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$265,253.00
$22,104.42/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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