Catylist ID:
#30805753
NNN Lease Restaurant For Sale
Undisclosed Address, Venice, FL 34285
Retail-Commercial
for Sale
| Catylist Listing ID: | 30805753 |
| Property Subtypes: | Restaurant |
| Building Size (RSF): | 5,767 SF |
| Sale Price: | $3,500,000 |
| Unit Price: | $606.90 PSF |
| Property Use Type: | Net Leased Investment (NNN) |
| Usable Size (USF): | 5,767 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 6.0% |
| Last Updated: | 5/26/2023 |
Overview / Comments
|
Very popular restaurant and sports bar in downtown Venice, in business since 2007 Annual revenues in excess of $3M yr. Seller will execute and lease back for 10yr term + 5yr option. $36.40 PSF NNN Business also available for sale (contact broker) NDA and Buyer qualification required. See NDA attached under “Due Diligence”” Contact agents to discuss confidential information: John Caragiulo (941) 256-6144 Joe C. Hembree (941) 685-5589 |
Additional Details
| Zoning: | CI - COMMERCIAL, INTENSIVE |
| Retail Clientele: | General, Business, Tourist |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Average |
| Parking Description: | 36+ spaces |
| Zoning Description: | CG |
Contact
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