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- LoopNet Team
4651 Commercial Way
Spring Hill, FL 34606
Applebee's · Retail Property For Sale
Investment Highlights
- Absolute net lease, with 9+ years of remaining lease term
- Two 5-year renewal options, with 7.50% rent increases at the beginning of each option
- 7.50% rent increases during initial term and extensions
Attachments
Offering Memorandum |
PROPERTY FACTS
- Restaurant
- General Retail Fast Food
- General Retail Freestanding
- General Retail Storefront
Amenities
- Freeway Visibility
- Pylon Sign
About 4651 Commercial Way , Spring Hill, FL 34606
Situated at the hard corner of Commercial Way (U.S. Highway 19) and Bridgewater Club Loop, the Property enjoys a highly accessible and central location to serve the Spring Hill trade area. The Property is located along a major commercial corridor, in close proximity to Publix, Home Depot, Target and Lowe's. The average daily traffic count on Commercial Way is 46,000 vehicles per day. Applebee's is well-positioned in a suburban infill location within Spring Hill's commercial focal point. Nearby restaurants include Ihop, Gators Dockside, Perkins, Sonny's BBQ and Outback Steakhouse. There are 32,075 residents and 7,351 employees within a 3-mile radius. More than $528 million in retail sales are generated within a 3-miles radius; including $52 million in restaurant sales.
PROPERTY TAXES
Parcel Number | R10-223-17-3254-00D0-0000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,367,378 |
PROPERTY TAXES
Listing ID: 14156383
Date on Market: 2018-10-22
Last Updated:
Address: 4651 Commercial Way, Spring Hill, FL 34606
The Retail Property at 4651 Commercial Way, Spring Hill, FL 34606 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.