23720 US 27 Hwy - Restaurant FOR SALE
Lake Wales, FL 33859 |
$4,322,000 USD
954-302-7365
23720 US 27 Hwy
Lake Wales, FL 33859
HIGHLIGHTS
- New 15-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Tenant
- Absolute NNN | Fee Simple Ownership | No State Income Tax |Zero Landlord Responsibilities
- Part of Larger Development | Adjacent to Shoppes On The Ridge |Lake Wales, FL - Several New Developments
- Local Demographics 5-Mile Trade Area
FOR SALE DETAILS
PRICE
$4,322,000 USD
PRICE/SF
$1,351 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lake Wales, FL - Panera
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
39
LAND DETAILS
LAND ACRES
1.95 AC
LAND SF
85,020 SF
ZONING
Commercial
APN/PARCEL ID
27-29-16-000000-042100
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954-302-7365
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954-302-7365
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