92661 Overseas Hwy - Fast Food FOR SALE


Tavernier, FL 33070
$2,199,000 USD
305-900-4232
92661 Overseas Hwy, Tavernier, FL for Sale
$2,199,000 USD
Fast Food - FOR SALE
1/24
null | 10.91% Cap Rate

92661 Overseas Hwy
Tavernier, FL 33070


OVERVIEW

Profitable franchise business and real estate in Key Largo! Free Standing Building with extremely rare Drive Through! Current Net Income generates approx. 10% return at asking price with minimal Owner involvement. GM in place and most employees willing to stay on for new ownership. Includes all Furniture, Fixtures & Equipment. Grill & Chill includes full lunch and dinner options. Located in the median with good visibility. Also located at the entry/exit of the new Tavernier Publix with 80 plus new housing units coming soon. There is easy access to both N & S. Bound traffic. Limited Competition for soft serve, delicious DQ Ice Cream in the area. Large Lot with ample parking. Approx. 11 years left on the DQ Franchise. However, franchise is optional, and could be converted to another restaurant type.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$1,051 USD /SF

CAP RATE

10.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

10% CAP RATE at Asking Price!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,620 SF

ZONING

SC

APN/PARCEL ID

8632835

ASK ABOUT THIS PROPERTY

Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

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Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

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