Property Details

PDQ

Bradenton, FL
Property ID: 2102

Financial Summary

Asking Price $3,414,545
Cap Rate 5.50%
Net Operating Income (NOI) $187,800
Lease Type NNN
Lease Term Remaining 15 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

  • 15 year NNN lease with increases every 5 years
  • Strong traffic count on East SR-70 (38,500 VPD)
  • Corporate guaranty from PDQ
  • Operators are founders of Outback Steakhouse
  • Florida has no state income tax

Net Lease Advisor

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

Location

5484 Lena Road
Bradenton, FL

Traci BidingerPDQ