Property Description
SECURE INCOME STREAM
• New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
• 10% Rent Increases Every 5 Years
• Brand New 2023 Upgraded Block Construction, Latest Take 5 Prototype with 3 Service Bays
• Experienced Franchisee and Guarantor, Purple Square Operates Over 235 Locations Across Multiple Industries
• Growing Operator with 13 Locations, Expected to have 23 by 2024
• Rare Guaranty from Purple Square Management Company, LLC with 78 Dunkin’ Locations (Inquire with Broker)
• Take 5 is a Subsidiary of Driven Brands, Inc. (4,700+ Units, $5.3 Billion in Revenue)
PROXIMITY
• 143,489 Residents in Primary Trade Area, Population Increased Over 9% Since 2010
• Excellent Access and Visibility to 44,500 VPD Along Main Retail Corridor
• Across from Walmart Neighborhood Market and Adjacent to Publix, Target, Home Depot and Lowe’s
• Surrounded by Thousands of Single-Family Homes in the Communities of River Crossing, Park Lake Estates, Cattleman’s Crossing, Southern Oaks, Hunters Ridge, River Side Village and More
• Strong Daytime Population of 130,968 within 5-Mile Radius
• Minutes to New On-Ramp to Suncoast Parkway, Florida’s Largest Highway Expansion in 60 Years
• Part of Tampa Bay MSA with Over 3M Residents, 2nd Largest in Florida
• 30 Miles to University of South Florida, 35 Miles to Tampa International Airport
