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- LoopNet Team
4651 Commercial Way
Spring Hill, FL 34606
Applebee's · Retail Property For Sale
Investment Highlights
- Absolute net lease, with 9+ years of remaining lease term
- Two 5-year renewal options, with 7.50% rent increases at the beginning of each option
- 7.50% rent increases during initial term and extensions
PROPERTY FACTS
Amenities
- Freeway Visibility
- Pylon Sign
About 4651 Commercial Way , Spring Hill, FL 34606
Situated at the hard corner of Commercial Way (U.S. Highway 19) and Bridgewater Club Loop, the Property enjoys a highly accessible and central location to serve the Spring Hill trade area. The Property is located along a major commercial corridor, in close proximity to Publix, Home Depot, Target and Lowe's. The average daily traffic count on Commercial Way is 46,000 vehicles per day. Applebee's is well-positioned in a suburban infill location within Spring Hill's commercial focal point. Nearby restaurants include Ihop, Gators Dockside, Perkins, Sonny's BBQ and Outback Steakhouse. There are 32,075 residents and 7,351 employees within a 3-mile radius. More than $528 million in retail sales are generated within a 3-miles radius; including $52 million in restaurant sales.
PROPERTY TAXES
| Parcel Number | R10-223-17-3254-00D0-0000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,319,876 |
PROPERTY TAXES
