Net Leased Retail Investment Property
SOLD July 2018 for $1,420,000
10461 US Highway 1, Port Saint Lucie, Florida 34952
| Building Size | 1,806 Square Feet |
| Land Size | 0.79 Acres |
| Zoning | PUD - City of Port St Lucie |
Freestanding Checker’s Drive-In Restaurant on absolute triple net ground lease. Restaurant open in this location since 1991. Tenant has targeted this location for a “reimage” at Tenant’s expense.
The lease on this corporate owned store has recently been extended for a new 10 year term. NNN annual rental at $83,535.00 fixed thru expiration of lease term on 12/31/27. Two 5 year options to renew with 10% bumps.
Agent
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Office Phone: (772) 220-4096Mobile: (772) 528-6056Fax: (772) 220-4585
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.