Brand New Hobby Lobby | NNN 15-Year Lease | 1826 N Lecanto Hwy
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Brand New Hobby Lobby | NNN 15-Year Lease 1826 N Lecanto Hwy
55,000 SF 4-Star Retail Building Lecanto, FL 34461 $6,236,868 CAD ($113 CAD/SF) 5% Cap Rate
Investment Highlights
- New 15-Year Lease with Low Rent of $4/SF and $0.50/SF Increases During Base Term
- 70,809 Residents in Growing Trade Area with an Average Household Income of $73,295
- Excellent Access to 41,540 VPD Across from New Target and Aldi Anchored Center
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
55,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$6,236,868 CAD
Price Per SF
$113 CAD
Cap Rate
5%
NOI
$311,843 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
4.71 AC
Zoning
GNC
Parking
181 Spaces (3.29 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 18E-18S-28-0000-11000 | Improvements Assessment | $28,142 CAD |
Land Assessment | $736,194 CAD | Total Assessment | $764,336 CAD |
PROPERTY TAXES
Parcel Number
18E-18S-28-0000-11000
Land Assessment
$736,194 CAD
Improvements Assessment
$28,142 CAD
Total Assessment
$764,336 CAD
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Brand New Hobby Lobby | NNN 15-Year Lease | 1826 N Lecanto Hwy
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