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Restaurant

Krystal

730 E Memorial Blvd, Lakeland, FL 33801

Listing Price: $1,510,000

Cap Rate
6.00%
Tenant Name
Krystal
Years Remaining On Lease
7.0
Gross SF
1,823
Guarantor
Corporate Guarantee
Rentable SF
1,823
Price/Gross SF
$828.30
Lease Type
Absolute Net
Rent Per Square Feet
$49.79

Investment Overview

The subject property is an Absolute NNN leased Krystal in Lakeland, Florida. There is over seven years remaining, with three, five-year options to extend.

Investment Highlights

  • 7+ years remaining on Absolute NNN Lease
  • 1.25% annual rent increases
  • Franchisee operates 21 Stores

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Listing Price: $1,510,000

Cap Rate
6.00%
Tenant Name
Krystal
Years Remaining On Lease
7.0
Gross SF
1,823
Guarantor
Corporate Guarantee
Rentable SF
1,823
Price/Gross SF
$828.30
Lease Type
Absolute Net
Rent Per Square Feet
$49.79

Investment Highlights

  • 7+ years remaining on Absolute NNN Lease
  • 1.25% annual rent increases
  • Franchisee operates 21 Stores

Investment Overview

The subject property is an Absolute NNN leased Krystal in Lakeland, Florida. There is over seven years remaining, with three, five-year options to extend.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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