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Grocery Store

Farm Stores

3515 Webber St, Sarasota, FL 34239

Listing Price: $910,000

Cap Rate
6.00%
Tenant Name
Farm Stores
Years Remaining On Lease
10.2
Guarantor
No Guarantee
Rentable SF
1,289
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.36

Investment Overview

This Farm Store is ideally positioned along Webber Street which offers exposure to approximately 12,200 vehicles per day (VPD) just west of Beneva Road (approx. 25,000 VPD). Located in an Affluent and Growing suburb of Hialeah with an average household income of +/- $101,248 within a 5-mile area (Experian). Extremely Dense Trade Area with over 185,747 residents and 236,699 employees within a 3-mile area (Experian). High Barrier to Entry Market.

Investment Highlights

  • Brand New 10-Year NNN Lease
  • Zero Landlord Responsibilities
  • Corporately Signed Lease
  • 3% Annual Rent Increases in the Base Term & 3 (5-Year) Options
  • Farm Stores is a Pioneer of the Drive-Thru Convenience Store Concept

Exclusively Listed By

Grocery Store

Farm Stores

Listing Price: $910,000

Cap Rate
6.00%
Tenant Name
Farm Stores
Years Remaining On Lease
10.2
Guarantor
No Guarantee
Rentable SF
1,289
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.36

Investment Highlights

  • Brand New 10-Year NNN Lease
  • Zero Landlord Responsibilities
  • Corporately Signed Lease
  • 3% Annual Rent Increases in the Base Term & 3 (5-Year) Options
  • Farm Stores is a Pioneer of the Drive-Thru Convenience Store Concept

Investment Overview

This Farm Store is ideally positioned along Webber Street which offers exposure to approximately 12,200 vehicles per day (VPD) just west of Beneva Road (approx. 25,000 VPD). Located in an Affluent and Growing suburb of Hialeah with an average household income of +/- $101,248 within a 5-mile area (Experian). Extremely Dense Trade Area with over 185,747 residents and 236,699 employees within a 3-mile area (Experian). High Barrier to Entry Market.

Exclusively Listed By

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