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Burger King - Crestview FL (Destin MSA) 5730 Highway 85 N

3,153 SF Retail Building Crestview, FL 32536 £2,251,257 (£714/SF) 6.20% Net Initial Yield

Investment Highlights

  • The property is located on the same intersection as a new construction Publix-anchored shopping center, promoting cross-traffic while not being encumb
  • This recently constructed Publix-Anchored center has a strong tenant lineup, including well-known brands like Great Clips, Wendy’s, Rocket Fizz, and P
  • The Publix Supermarket is ranked as the number 1 grocer within a 15-mile radius and in the 87th percentile of all Publix stores nationwide (Placer.AI)

Executive Summary

2023 Construction with 20-Year Lease | Across From High Performing Publix-Anchored Shopping Center

Attachments

Crestview FL - Burger King - OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,153 SF
Building Class
B
Year Built
2023
Price
£2,251,257
Price Per SF
£714
Net Initial Yield
6.20%
NOI
£139,565
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
1.01 AC
Zoning
MU - Mixed Use
Frontage
157 ft on Highway 85 North

Amenities

  • Air Conditioning
1 of 1

PROPERTY TAXES

Parcel Number 33-4N-23-0000-0057-0000 Improvements Assessment £0
Land Assessment £274,137 Total Assessment £274,137

PROPERTY TAXES

Parcel Number
33-4N-23-0000-0057-0000
Land Assessment
£274,137
Improvements Assessment
£0
Total Assessment
£274,137
(813) 371-1079

  • Listing ID: 33122002

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 5730 Highway 85 N, Crestview, FL 32536

The Retail Property at 5730 Highway 85 N, Crestview, FL 32536 is currently available For Sale. Contact SRS Real Estate Partners for more information.

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5730 Highway 85 N, Crestview, FL for sale Building Photo- Image 1 of 7
Crestview FL - Burger King - OM
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Crestview FL - Burger King - OM2
5730 Highway 85 N, Crestview, FL for sale Building Photo- Image 3 of 7
Crestview FL - Burger King - OM3
5730 Highway 85 N, Crestview, FL for sale Building Photo- Image 4 of 7
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5730 Highway 85 N, Crestview, FL for sale Building Photo- Image 5 of 7
Crestview FL - Burger King - OM5
5730 Highway 85 N, Crestview, FL for sale Building Photo- Image 6 of 7
Crestview FL - Burger King - OM4

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© 2024 CoStar Group

Burger King - Crestview FL (Destin MSA) | 5730 Highway 85 N
(813) 371-1079 x

Burger King - Crestview FL (Destin MSA) | 5730 Highway 85 N

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William Wamble

(813) 371-1079

(813) 371-1079

Patrick Nutt

(954) 302-7365

(954) 302-7365

Michael Berk

(470) 344-2586

(470) 344-2586

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