Arby's, Crystal River, FL

490 N. Suncoast Boulevard (US Highway 98/19)
Crystal River, FL 34429

PROPERTY SOLD

Property: Investment Sales

Square Footage: 3,400

Acreage: .79

Price: $1,100,000

Cap Rate: Call

Description:

  • Located on the Gulf Coast about 75 miles north of Tampa near the Plantation Golf Resort & Spa
  • Outparcel to the 170,000 SF Crystal River Plaza anchored by Bealls, Bealls Outlet, Goodwill, Dollar General
  • 3,400 SF quick serve restaurant with drive thru remodeled on .79 acres completed in August 2009
  • 15 year NNN corporate lease with rent bumps that commenced in January 2014
  • The transaction closed escrow in May 2014 for approximately $1.1 million
  • The all cash buyer was a private investor based in Nevada completing a 1031 exchange

Arby's, Crystal River, FL

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Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com