3370 Bayside Lakes SE blvd - Restaurant FOR SALE


Palm Bay, FL 32909
$3,739,000 USD
858-373-3174
3370 Bayside Lakes SE blvd, Palm Bay, FL for Sale
$3,739,000 USD
Restaurant - FOR SALE
1/2
null | 5.75% Cap Rate

3370 Bayside Lakes SE blvd
Palm Bay, FL 32909


HIGHLIGHTS

  • New 10-Year Corporate Lease with No Early Termination Clause
  • 10% Rental Increases Every 5 Years in the Base Term and Options
  • Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
  • New High-Quality Construction with a Patio and Drive-Thru
  • Serving Over 80,000 Residents in Rapidly Growing Trade Area
  • In the Heart of Thousands of New Homes and Residential Subdivisions Under Construction

FOR SALE DETAILS

PRICE

$3,739,000 USD

PRICE/SF

$1,496 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

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.