2225 W Highway 44 | Inverness, FL 34453
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- LoopNet Team
2225 W Highway 44
Inverness, FL 34453
Outback Steakhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±12.4 years of primary term remaining with three, 5-year renewal options and a corporate guaranty from Bloomin’ Brands.
- Located along Highway 44 West (29,400 VPD), which intersects 2.4 miles east with US Highway 41 South (18,400 VPD).
- Outback is positioned within Inverness’ primary retail corridor with 3.2 MSF of retail within a 5-mile radius.
- Rare annual rent increases of 1.80%.
- Across Highway 44 West from RaceTrac, Starbucks and the newly-built Colonnade Park Apartments (106 Units).
- Surrounded by Several Retail Developments: Shops at Inverness, Citrus Center Shopping Mall, Citrus Plaza & Highland Square Shopping Mall
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,174 SF
Building Class
B
Year Built
2001
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
3.33 AC
Zoning
C
Parking
123 Spaces (19.92 Spaces per 1,000 SF Leased)
Frontage
141 ft on W Highway 44
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 19E-19S-13-0020-00000-0390 | Improvements Assessment | £753,014 |
| Land Assessment | £493,137 | Total Assessment | £1,246,151 |
PROPERTY TAXES
Parcel Number
19E-19S-13-0020-00000-0390
Land Assessment
£493,137
Improvements Assessment
£753,014
Total Assessment
£1,246,151
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