Restaurant
Dick's Wings and Grill
1803 E West Pkwy, Fleming Island, FL 32003
Listing Price: $1,340,133
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Dick’s Wings and Grill located at 1803 E West Parkway in Fleming Island, Florida. The site consists of roughly 5,360 rentable square feet of building space on estimated .20-acre parcel of land. This Dick’s Wings and Grill is subject to a 14 + year absolute triple-net (NNN) lease, which commenced March 26th, 2015. The current annual rent is $80,408 and is scheduled to increase by two percent (2%) annually throughout the base term and in each of the two (2), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $1,340,133
Investment Highlights
- 14-Year Lease With7.54 Years Remaining on the Base Term of the Lease
- Absolute Triple Net (NNN) Lease | No Landlord Obligations
- Two Percent (2.0%) Rental Increases Annually
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Dick’s Wings and Grill located at 1803 E West Parkway in Fleming Island, Florida. The site consists of roughly 5,360 rentable square feet of building space on estimated .20-acre parcel of land. This Dick’s Wings and Grill is subject to a 14 + year absolute triple-net (NNN) lease, which commenced March 26th, 2015. The current annual rent is $80,408 and is scheduled to increase by two percent (2%) annually throughout the base term and in each of the two (2), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
