36610 US-27 - Restaurant FOR SALE


Haines City, FL 33844
$3,333,000 USD
561-427-6699
36610 US-27, Haines City, FL for Sale
$3,333,000 USD
Restaurant - FOR SALE
1/5
null | 5.25% Cap Rate

36610 US-27
Haines City, FL 33844


HIGHLIGHTS

  • Rare opportunity to own a corporately guaranteed, brand new construction Chili's on a long-term lease
  • Polk County ranked as the #1 fastest growing County in Florida in 2023 with an additional +/- 17,000 homes being developed within a 6 mile radius
  • Strategically positioned between Walmart Supercenter and Lowe's along US Hwy 27 which carries a staggering 74,000 cars per day
  • Absolute Net Ground Lease provides passive ownership and stable cash flow for out of State investor
  • Florida is a top performing state for Chili's where they operate 138+/- stores and benefit from strong brand awareness and customer loyalty
  • Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly constructed Chili's Grill & Bar featuring a 10 year NNN Ground Lease with 10% rental increases every 5 years. Chili's is planning to open for business in November.

FOR SALE DETAILS

PRICE

$3,333,000 USD

PRICE/SF

$649 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chili's Bar & Grill | Top FL Growth Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,932 SF

ZONING

-

APN/PARCEL ID

27-27-18-741064-000080

ASK ABOUT THIS PROPERTY

Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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