Burger King NNN Investment
2445 Enterprise Road, Orange City, Florida 32763
Sold: $650,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,596 sqft
Land Size
13,939 sqft
Zoning
Commercial
Year Built
1984
Lease Type
650000
Property Description
Burger King fast food restaurant with drivethru. Other tenants in this shopping center include: Anchor Bravo Supermarket, Bank of America, Long John Silver, Family Dollar, Sally's Beauty, Hungry Howies, Farmers Home Furnishings & Coastal Dental.
Not a franchisee, Burger King Corporation is tenant & guarantor. 8.46% Cap Rate. NOI=$55,000 Built: 1984 Current option expires 7/31/2013.1 more 5 year & 1 more 2 year options.