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Confidentiality Agreement

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Take 5

3100 SW Port St Lucie Blvd. , Port St. Lucie, FL, 34953
For Sale

Property Details

  • Price: $2,767,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 6.00%
  • Lot Size: 0.70 AC
  • Lease Type: Absolute NNN
  • Year Built: 2023
  • Tenancy: Single Tenant
  • Available SF: 1,468 SF

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

  • Hard Corner at Signalized Intersection with 52,114 VPD
  • 157,812 Residents in High-Growth Trade Area, Population Increased Over 30%Since 2010
  • Across from Publix Anchored Center and Adjacent to Walmart Neighborhood Market
  • $93,601 Average Household Income
  • Strong Daytime Population of 124,218 within 5-Mile Radius
  • Minutes to Tradition at Port St. Lucie, a 8,200 Acre Master Planned Community with 41,000 Residential Units and 8M SF of Commercial Space
  • Surrounded by Several K-12 Schools with 44,577 Combined Students
  • Easy Access to I-95 with 83,500 VPD, the Main North/South Artery on the East Coast
  • 5 Miles to Legacy Park at Tradition, a 3.2M SF Industrial and Distribution Center Park, Home to Amazon and FedEx
  • Port St. Lucie is the 7th Largest City in Florida, 3rd Largest in South Florida

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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