Property Details


Sarasota, FL
Property ID: 2098

    Financial Summary

    Asking Price $2,182,000
    Cap Rate 5.50%
    Net Operating Income (NOI) $120,000
    Lease Type NNN
    Increases Call For Details
    The Offering Memorandum for this property is no longer available.


    Patrick R. Nutt
    Managing Partner

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    • 15-year ground lease with increases every 5 years
    • Strong traffic count on Tamiami Trail (49,000 VPD)
    • Corporate guaranty from PDQ -operators are original 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


    5164 South Tamiami Trail
    Sarasota, FL

    Traci BidingerPDQ