19001 Murdock Cir - Fast Food FOR SALE


Port Charlotte, FL 33948
$2,430,000 USD
858-373-3174
19001 Murdock Cir, Port Charlotte, FL for Sale
$2,430,000 USD
Fast Food - FOR SALE
1/5
null | 5.35% Cap Rate

19001 Murdock Cir
Port Charlotte, FL 33948


HIGHLIGHTS

  • Rare 20-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
  • Very Strong Personal Guaranty from High-Net-Worth Franchisee
  • Experienced Operator with 100+ Locations (Del Taco, Buffalo Wild Wings GO, and Wendy's)
  • Significant Capital Investment by Tenant to Build Restaurant, Average Cost is Approximately $1.35 Million
  • Del Taco is the 2nd Largest Mexican Quick-Service Restaurant Chain in the U.S.
  • Brand New High-Quality Construction, New Fresh-Flex Design with a Drive-Thru

FOR SALE DETAILS

PRICE

$2,430,000 USD

PRICE/SF

$1,025 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Del Taco Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

402207276006

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.