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: 9/17/2023

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

Retail Clientele: General, Business, Tourist
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Parking Description: 36+ spaces
Zoning Description: CG
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