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- LoopNet Team
9934 US Highway 441
Leesburg, FL 34788
Taco Bell · Retail Property For Sale
Investment Highlights
- Leesburg, Florida is Growing Central Florida Submarket Just 45 Miles From Orlando 80 Miles NE of Tampa
- The Subject Property sits on Skinner Avenue with Over 35,000 Average Daily Traffic Count
- Surrounding Retailers Include Publix Supermarket, Home Depot & Walgreens
- 2017 Construction New Taco Bell Concept Store Buildout With Drive-Thru
- Excellent Access & Visibility to Street
- Located In-between Leesburg International Airport to the West and Lake Square Mall to the East
PROPERTY FACTS
Amenities
- 24 Hour Access
- Restaurant
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
About 9934 US Highway 441 , Leesburg, FL 34788
Marcus & Millichap is pleased to provide this absolute net-leased Taco Bell Restaurant to the market. The property is in the bustling community of Leesburg, FL located at 32605 Skinner Ave. The newly constructed 2017 building sits on a well-positioned 0.68 acre, corner parcel in the heart of this retail corridor which averages over 35,000 VPD. The original 15-year lease term has just under 10 years remaining, there are 10% base rent escalations every 5 years in the term and in each of the 5, five-year options. The lease is backed by US Leader Restaurants, Inc. a very strong, 28-unit franchisee with the bulk of their units in the greater Orlando MSA. USL is operated and managed by Tony Capley, a 30+ year veteran who previously worked with the Taco Bell Corporation before joining USL. This investment provides an investor a a truly passive, covid impact resistant retailer with a steady cash flowing asset in a thriving area of central Florida at the crossroads of the greatest geographic expansion in Florida’s modern history.
PROPERTY TAXES
| Parcel Number | 22-19-25-0205-000-00100 | Improvements Assessment | $308,951 |
| Land Assessment | $473,297 | Total Assessment | $782,248 |
PROPERTY TAXES
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