Restaurant
PDQ CHICKEN | ABSOLUTE NNN LEASE | WALMART MARKET OUTPARCEL ON HARD SIGNALIZED CORNER
2181 Gulf to Bay Blvd, Clearwater, FL 33765
Listing Price: $3,327,500
Investment Overview
Corporately guaranteed PDQ on a 2016-built, 3,309 SF outparcel to Walmart Neighborhood Market in Clearwater, FL. Situated on a ±0.79-acre parcel at a signalized intersection with 69,000+ VPD, the property features a drive-thru, digital kiosks, outdoor seating, and 40 parking spaces. Absolute NNN lease with 12 years remaining, 10% rent increases every 5 years, and four 5-year renewal options.
PDQ CHICKEN | ABSOLUTE NNN LEASE | WALMART MARKET OUTPARCEL ON HARD SIGNALIZED CORNER
Investment Highlights
- 2016 Build to Suit for PDQ | Outparcel to Walmart Neighborhood Market in a Heavy Retail Corridor | 3,309-SF Building on a +/-0.79 Acre Parcel
- 12 Years Remaining on an Absolute Net Lease | No Landlord Responsibilities | 10% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | Corporately Guaranteed Lease
- Property Features a Drive Thru, Outdoor Patio Seating and a Lighted Large Parking Lot With 40 Total Spaces | Three Points of Ingress and Egress
- Outparcel to Walmart Neighborhood Market Anchored Center With Wawa Gas Station, Mavis Tire, Starbucks, and Bob Evans in a Very Dense Retail Corridor
- Located on a Hard, Signalized Corner With Visibility Along S Belcher Road and Gulf to Bay Blvd, Seeing a Combined 69,000 Vehicles Per Day | Strong and Stable Demographics: Population of 250,700+ Within 5-Miles and Projected to Grow Through 2029 | Daytime Population of 399,000+ Within 5-Miles
- Proximity to Multiple National Tenants Including Publix, Office Depot, ALDI, Costco, Sam's Club, Target, Chase, Wendy's and More
- 3.5 Miles From Downtown Clearwater and 6 Miles From Clearwater Beach, A Major Vacation Destination Seeing Over 14 Million Annual Visitors
- 17 Miles From Downtown Tampa and 14 Miles From Tampa International Airport With Easy Access From Gulf to Bay Blvd/ Courtney Campbell Causeway Bridge
Exclusively Listed By
Financing By
Restaurant
PDQ CHICKEN | ABSOLUTE NNN LEASE | WALMART MARKET OUTPARCEL ON HARD SIGNALIZED CORNER
Listing Price: $3,327,500
Investment Highlights
- 2016 Build to Suit for PDQ | Outparcel to Walmart Neighborhood Market in a Heavy Retail Corridor | 3,309-SF Building on a +/-0.79 Acre Parcel
- 12 Years Remaining on an Absolute Net Lease | No Landlord Responsibilities | 10% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | Corporately Guaranteed Lease
- Property Features a Drive Thru, Outdoor Patio Seating and a Lighted Large Parking Lot With 40 Total Spaces | Three Points of Ingress and Egress
- Outparcel to Walmart Neighborhood Market Anchored Center With Wawa Gas Station, Mavis Tire, Starbucks, and Bob Evans in a Very Dense Retail Corridor
- Located on a Hard, Signalized Corner With Visibility Along S Belcher Road and Gulf to Bay Blvd, Seeing a Combined 69,000 Vehicles Per Day | Strong and Stable Demographics: Population of 250,700+ Within 5-Miles and Projected to Grow Through 2029 | Daytime Population of 399,000+ Within 5-Miles
- Proximity to Multiple National Tenants Including Publix, Office Depot, ALDI, Costco, Sam's Club, Target, Chase, Wendy's and More
- 3.5 Miles From Downtown Clearwater and 6 Miles From Clearwater Beach, A Major Vacation Destination Seeing Over 14 Million Annual Visitors
- 17 Miles From Downtown Tampa and 14 Miles From Tampa International Airport With Easy Access From Gulf to Bay Blvd/ Courtney Campbell Causeway Bridge
Investment Overview
Corporately guaranteed PDQ on a 2016-built, 3,309 SF outparcel to Walmart Neighborhood Market in Clearwater, FL. Situated on a ±0.79-acre parcel at a signalized intersection with 69,000+ VPD, the property features a drive-thru, digital kiosks, outdoor seating, and 40 parking spaces. Absolute NNN lease with 12 years remaining, 10% rent increases every 5 years, and four 5-year renewal options.
Exclusively Listed By
Financing By
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