$3,415,636 USD
949-209-8963
4329 Tamiami Trl S
Venice, FL 34293
Venice/Englewood
HIGHLIGHTS
- Long Term Absolute NNN Lease – There are over ±16 years remaining on the lease and there are zero landlord responsibilities or expenses
- Strategically Positioned – The property is strategically positioned off Hwy 41 (Tamiami Trl) which sees over ±28,500 vehicles per day.
- Outparcel Location – The property is an outparcel to Venice Village Shopping Mall which consists of major national retailers such as Target, Bealls,
- Growing Area + Population – The population of Venice, Florida has grown by 10.5% between 2020 and 2023 and still averaging over 3% of growth annually.
- World’s largest Restaurant Franchisee – Apple Florida LLC is part of Flynn Restaurant Group which is the world’s largest restaurant franchise.
- National Tenant – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the largest casual dining restaurant chains in the world with ove
FOR SALE DETAILS
PRICE
$3,415,636 USD
PRICE/SF
$675 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
76
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,726 SF
ZONING
CG
APN/PARCEL ID
0448-16-0008
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949-209-8963
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949-209-8963
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