Steak 'N Shake 40 Towne Center Cir Local commercial 339 m² À vendre Sanford, FL 32771 1 462 442 € (4 317,50 €/m²) Taux de capitalisation 6 %

STNL.com is pleased to present this 100% fee simple STNL Steak ‘n Shake restaurant in Sanford, FL, located in the center of the city’s biggest retail corridor. Four reasons to acquire this property include:
1. Costco Development: Soon to replace the Seminole Towne Center mall is the development of a Costco Wholesale store, the only of its kind in a radius of 12 miles that gives your Steak ‘n Shake prime position to benefit off what promises to be the busiest retail hub in Sanford.
2. Soaring Traffic Counts: Nestled between two of Central Florida’s busiest thoroughfares that combine to see over 200,000 VPD in Interstate-4 and State Road 417, Steak ‘n Shake sits ready to enjoy the constant flow of traffic in its immediate area, whether passing through or destination shopping in Sanford.
3. Durable Operational History: Steak ‘n Shake has operated at this site for thirty years since its grand opening in 1995. Having already exercised three options on this site, Steak ‘n Shake has shown full commitment to staying in this bustling Sanford market.
4. Below Market Rent: Steak ‘n Shake benefits from having one of the lowest rents per square foot of its surrounding peers. This lower rent increases the chance that the Tenant will maintain a strong rent-to-sales ratio and if the Tenant leaves the property in the future there is upside for a potential higher rent for a new tenant.