BubbaQue's & Shipley's Do-nuts

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30769201
Property Subtypes: Restaurant, Other
Status: Pending
Building Size (RSF): 5,104 SF
Gross Building Area: See Agent
Gross Land Area: 38,747 SF
Sale Price: $2,100,000
Unit Price: $411.44 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: BubbaQue's & Shipley's Do-nuts
Sale Terms: Cash to Seller
Cap Rate: 6.15%
Last Updated: 11/2/2021

Overview / Comments

Ian Black Real Estate is pleased to present the opportunity to purchase this fully leased multi-tenant restaurant opportunity on busy SR 70. The building was constructed to the highest standards in 2018 and enjoys exposure on SR 70 just west of I-75. The property is directly adjacent to Zaxby's and an outparcel to Braden River High school and Manatee Technical College. Fully leased to two complimentary restaurant tenants the property has more than adequate parking and boasts both a drive through and monument signage. Both tenants have 7 years remaining on their leases with annual escalations on their base rent and full responsibility for operating expenses. The Landlord’s responsibility is minimal as Tenants are responsible for all interior maintenance.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1729201109
Zoning: GC
Property Visibility: Excellent
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Excellent
Year Built: 2018
Parking Type: Structure

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,547 38,038 121,038
Median Age: 52.9 50.18 44.1
Households: 1,562 16,076 49,302


Photograph of Listing Agent

Melissa Dawn Harris

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