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13703 S US Highway 441
Lake City, FL 32025

Burger King- Investment Sale- Lake City · Land For Sale · 1.18 AC

Commercial Land Florida Lake City 13703 S US Highway 441, Lake City, FL 32025

PROPERTY FACTS

Property Type Land Proposed Use
Retail
  • Fast Food
  • General Freestanding
  • Restaurant
  • Service Station
Property Subtype Commercial Total Lot Size 1.18 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
  • General Freestanding
  • Restaurant
  • Service Station
Total Lot Size 1.18 AC

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

Parcel Number
03-6S-17-09572-000
Land Assessment
$158,119
Improvements Assessment
$482,037
Total Assessment
$640,156

zoning

Zoning Code Commerical
Commerical
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  • Listing ID: 24823234

  • Date on Market: 1/12/2022

  • Last Updated:

  • Address: 13703 S US Highway 441, Lake City, FL 32025

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