Great investor opportunity for this absolute NNN single tenant property with lease until 2038! Free standing Hardee's Restaurant with rent increase in 2021 and then every five years after that. Four 5-year renewal option periods with rent increases at end of lease. This is the only fast food restaurant operation in Santa Rosa Beach and has an ideal location directly on US Hwy 98. Visibility is excellent and traffic counts are 36,500/day. Walton County Florida has experienced a 4.5% population growth annually and is the fastest growing county based on GDP in the entire state of Florida with a county wide GDP of $2.5 Billion. Easy access to communities along 30A in south Walton County
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Keller Williams Realty SRB. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.
Listing information last updated on April 9th, 2020 at 12:15pm CDT.