Property Description
SECURE INCOME STREAM
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years
- Brand New 2023 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
- 59,283 Residents in Primary Trade Area
- Excellent Access and Visibility to Over 28,000 VPD
- Fastest Growing Area in Lake County, 20,000 Homes Approved for Development
- Minutes to Middleton by The Villages, a $100M Master Planned Community with 8,200 Home, Multiple Schools, Dining and Recreation
- Adjacent to Publix at Lake House and Winn-Dixie Anchored Centers
- Close Proximity to Florida Turnpike, I-75, US-441 and 1 Hour to Orlando
