Taco Bell - Saint Petersburg
3600 4th St N Saint Petersburg , FL 33704-1312
Taco Bell - Saint Petersburg - retail for sale
•The Property possesses ideal net lease fundamentals, highlighted by an Absolute NNN structure with no landlord responsibilities, over 14 years of original term remaining before the Tenant’s renewal option.
•The Tenant, BDE Florida, is a regional franchisee with approximately 25 Taco Bell locations. Additionally, the Tenant operates with a personal guarantee.
•The Property is strategically located as an outparcel to Publix. The property sits on an 0.29 AC of land that has frontage and visibility to 4th Street North which sees over 29,000 VPD.
•The Asset is positioned across from the Northeast Park Shopping Center which is headlined by national retailers such as Publix, CVS, and Stein Mart.
•The Tenant has a low rent to sales ratio compared to other QSR restaurants.
•Saint Petersburg is a resort town known for its beautiful beaches and tourist attractions that draw over 7 million people and created an economic impact of $9.8 billion in 2017.
•The immediate vicinity of the Property is very densely populated with 43,050 people within a five-minute drive that make an average of $49k per year.
|Property address||3600 4th St N, Saint Petersburg, FL 33704-1312|
|Land in acres||0.55|
|Building size||2,309 ft2|
|Tenant's name||Bde Florida, LLC|
|Lease expiration date||07/01/2033|
- Peter Furest
- License No.: NY - 10401232530
- +1 212 812 5802
- Taylor Wolfes
- License No.: TN - 318008; GA - 322018
- +1 404 995 2275
- Buff Teague
- License No.: AL - 000083353-0; LA - 0995683037; MS - 21517; AL - 000083353-0; FL - BK3240964; TN - 346098
- +1 251 341 1611
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