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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