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Lake Wales, FL - Panera 23720 US 27 Hwy

3,200 SF Retail Building Lake Wales, FL 33859 $6,126,305 CAD ($1,914 CAD/SF) 4.85% Cap Rate

Restaurants Florida Lake Wales 23720 US 27 Hwy, Lake Wales, FL 33859

Investment Highlights

  • New 15-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Tenant
  • Part of Larger Development | Adjacent to Shoppes On The Ridge |Lake Wales, FL - Several New Developments
  • Absolute NNN | Fee Simple Ownership | No State Income Tax |Zero Landlord Responsibilities
  • Local Demographics 5-Mile Trade Area

Attachments

Lake Wales FL - Panera

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
C
Year Built
2025
Construction Status
Under Construction
Price
$6,126,305 CAD
Price Per SF
$1,914 CAD
Cap Rate
4.85%
NOI
$297,102 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
1.95 AC
Zoning
Commercial
Parking
39 Spaces (12.19 Spaces per 1,000 SF Leased)
Frontage
195 ft on U.S. 27

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Links

1 of 1

PROPERTY TAXES

Parcel Number 27-29-16-000000-042100 Improvements Assessment $0 CAD
Land Assessment $931,900 CAD Total Assessment $931,900 CAD

PROPERTY TAXES

Parcel Number
27-29-16-000000-042100
Land Assessment
$931,900 CAD
Improvements Assessment
$0 CAD
Total Assessment
$931,900 CAD
(954) 302-7365

  • Listing ID: 33886162

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 23720 US 27 Hwy, Lake Wales, FL 33859

The Retail Property at 23720 US 27 Hwy, Lake Wales, FL 33859 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Lake Wales, FL - Panera | 23720 US 27 Hwy
(954) 302-7365 x

Lake Wales, FL - Panera | 23720 US 27 Hwy

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 434-8278

(813) 434-8278

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