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Property Details

  • Price $2,325,000
  • Cap Rate 4.61%
  • Tenancy Single
  • Property Type Retail
  • Property Subtype QSR
  • Building Size 2,502 SF
  • Year Built 2023

Investment Highlights

Essential CRE has been exclusively retained to present the opportunity to acquire a trophy, single tenant, absolute net leased Arby’s in Venice, FL. The subject property is comprised of a 2502 square foot building situated on 1.16 acres of land. It features an absolute NNN ground lease with annual rent escalations and 16+ years of initial term remaining. Positioned on a high visibility corner pad along a bustling retail corridor, the property is enveloped by notable national tenants such as McDonald’s, Culver’s, Taco Bell, Starbucks, Dunkin’, Wawa, Speedway, RaceTrac and Tractor Supply.

  • 16+ Year Absolute NNN Ground Lease with Attractive Annual Rent Escalations
  • Strong Guaranty by an Experienced and Growing Operator (229+ Units)
  • Trophy Asset in Rapidly Growing Market with Affluent Demographics
  • Surrounded by National Tenants and Dense Residential Developments
  • Brand New Construction on a Corner Lot; Excellent Traffic Counts and Close Proximity to US-75

Team