ARBYS FAST FOOD NNN Winter Haven, FL

Transcription

1 Offering Memorandum Tax Free State!! Low Rent to Sales ARBYS FAST FOOD NNN Winter Haven, FL Arbys Fast Food rd St. SW Winter Haven, FL $795, % Cap Rate!!

2 OFFERING : ARBYS FAST FOOD NNN PRICE: $795,000 CAP RATE: 6.5% ANNUAL RENT: $51,947 ($42,000 base rent plus $9, of percentage rent Rent is 7% of sales with $42,000 base rent minimum $600,000 break. LEASE SUMMARY: Tenant: Arbys Restaurant Group Corp Lease Type: Lease Term: NNN 20 years exp option exercised 4.5yrs remain Start/Expiration: Term exp 10/31/2014, option exercised to 10/2019 Escalations: Base rent plus 7% of sales over $600,000 First Right Offer: Options: Yes Two 5-year options SITE SUMMARY: ADDRESS: LAND: BUILDING: rd St., SW Winter Haven, FL acre 2,700 sf AGE: 1985 USE: Fast food drive thru

3 AERIAL ARBYS rd St. SW, Winter Haven, FL 33880

4 AREA INFORMATION Welcome to Winter Haven! Advancing Commerce and Community. Winter Haven has many meanings to many people. For some it's as literal as it sounds... we're the perfect haven from the harsh Winter months up North. To others, Winter Haven means living the lakeside lifestyle, with over 55 lakes to ski, wakeboard, paddleboard, kayak, or simply watch the vibrant orange and pink sunsets from the dock. To children, or even just the child within, Winter Haven is home to the most beautiful, entertaining and interactive theme park in the work, LEGOLAND Florida Resort. And yet to others, Winter Haven is the future of economic development in Central Florida with the recent additions of the CSX Intermodal Logistics Center, the high speed internet network Florida Lamda Rail, the Advanced Technology Center at Polk State College and the state's newest STEMfocused public university, Florida Polytechnic University. Winter Haven can truly become the "something-for-everyone" destination to visit, work, play and stay! The 2010 census report showed 33,874 population. Winter Haven is located in Polk County. It is located in between Orlando and Tampa off Interstate 4. Winter Haven has experienced tremendous residential and commercial growth over the years. Tourism has always been a major part of the economy because of the pristine lakes and Cypress Gardens Theme Park. Legoland was built on the former site but preserved the botanical gardens and water park.

5 PROPERTY PHOTGRAPHS

6 AREA MAPS WINTER HAVEN, FL Traffic Counts: 3 rd Ave (Hwy 17) 30,000 Cars per day DEMOS: 1- Miles 3- Miles Population ,639 43,164 HH Avg Income $44,883 $54,314 3yr POP Growth 3.86%

7 For more information regarding this opportunity, please contact: SAM NASRALLAH Charles Wayne Properties, Inc. 200 Ocean Ave., Ste 202 Melbourne Beach, FL PH ; Fax nnnman@aol.com This sales brochure is subject to errors, omissions, prior sales or withdrawal without notice. The information contained in this investment Prospectus has been obtained from sources we believe to be reliable; however neither CWP, Inc. nor the Seller have verified, and will not verify, any of the information contained herein, nor has CWP, Inc. and the Seller conducted any investigation regarding these matters and make no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. D i s c l a i m e r