Property Details

Cheddar’s

Brooksville (Tampa), FL
Property ID: 8386

Financial Summary

Asking Price $2,600,000
Cap Rate 5.00%
Net Operating Income (NOI) $130,000
Lease Type Ground Lease
Lease Term Remaining 10 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • New 10-year corporate ground lease
  • Great location along busy Cortez Blvd 33,500 VPD
  • Large land parcel - 2.29 acres
  • Cheddar’s recently acquired by Darden, the operator of Olive Garden, Longhorn Steakhouse, and The Capital Grille
  • Brooksville is a growing Tampa suburb conveniently connected by I-75 and the Suncoast Parkway

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

12280 Cortez Blvd
Brooksville (Tampa), FL

Traci BidingerCheddar’s