This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Burger King Investment
Lake City, FL 32025
Burger King- Investment Sale- Lake City · Land For Sale · 1.18 AC
Investment Highlights
- 1.18 Acres (MOL) with a 3,531 SF building
- 0.08 miles from I-75 entrance and exit (47,000 AADT)
- Directly across the street from a new Love’s Travel Stop
PROPERTY FACTS
Description
PURCHASE PRICE: $1,900,000 • Rent commencement: January 3, 2022 • Lease term: 15 years • Options: Five (5) x five (5) year options • Starting rent: $85,000 • Bumps: 7.5% bumps every five (5) years starting in year eleven (11) • 1.18 Acres (MOL) with a 3,531 SF building • Directly across the street from a new Love’s Travel Stop • 0.08 miles from I-75 entrance and exit (47,000 AADT) • Operator: Bravoflorida, LLC (34-unit entity), a subsidiary of Quality Dining, Inc., the 4th largest Burger King operator in the nation with over 250 units
PROPERTY TAXES
| Parcel Number | 03-6S-17-09572-000 | Improvements Assessment | $482,037 |
| Land Assessment | $158,119 | Total Assessment | $640,156 |
PROPERTY TAXES
zoning
| Zoning Code | Commerical |
| Commerical |
Learn More About Investing in Land
