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Popeyes 3390 1st St W

1,785 SF Retail Building Bradenton, FL 34208 £2,212,771 (£1,240/SF) 5% Net Initial Yield

Investment Highlights

  • Brand New 20 Year Lease Recast on Store With 30+ Years of Operational History
  • 10% Rental Increase Every 5 Years Through Primary and Options
  • Located in a Dense Retail Corridor With a High Daily Traffic of 37,500+ Vehicles
  • Absolute NNN Requiring Zero Landlord Responsibilities
  • Extremely Dense 5-Mile Demographics With 207,900+ Residents
  • Situated Around Several Retailers, Apartments, and Schools Generating Additional Traffic to the Area

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Popeyes in Bradenton, FL. The subject property has a brand new 20 year lease recast on store with 30+ years of operational history. It is guaranteed by Sailormen Inc., operator of approximately 150+ units headquartered in Miami.
Cooperating Broker: Brian Brockman
Bang Realty-Naples Inc | FL #BK3327646
bor@bangrealty.com | (513) 898-1551

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,785 SF
Building Class
C
Year Built
1984
Price
£2,212,771
Price Per SF
£1,240
Net Initial Yield
5%
NOI
£110,639
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
0.62 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
GC
Parking
24 Spaces (13.45 Spaces per 1,000 SF Leased)
Frontage
130 ft on 1st St W

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Links

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Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Chili's
China Max
Premier Rental Purchase
Altitude Trampoline Park
Steak ‘n Shake
Denny's
Planet Fitness
Sprouts Farmers Market
Mission BBQ
Longhorn Steakhouse

PROPERTY TAXES

Parcel Number 48397-0000-4 Improvements Assessment £151,716
Land Assessment £262,409 Total Assessment £414,125

PROPERTY TAXES

Parcel Number
48397-0000-4
Land Assessment
£262,409
Improvements Assessment
£151,716
Total Assessment
£414,125
(262) 309-4900

  • Listing ID: 32615487

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: 3390 1st St W, Bradenton, FL 34208

The Retail Property at 3390 1st St W, Bradenton, FL 34208 is currently available For Sale. Contact Trinity Real Estate Investment Services, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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3390 1st St W, Bradenton, FL for sale Primary Photo- Image 1 of 9
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Popeyes | 3390 1st St W
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Popeyes | 3390 1st St W

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Drew Duncan

(262) 309-4900

(262) 309-4900

Jacob Mace

(405) 795-2071

(405) 795-2071

Justin Dillon

(916) 903-6026

(916) 903-6026

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