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