Farm Stores — Sale in Sarasota, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sarasota, FL 34239

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This Farm Store is ideally positioned along Webber Street which offers exposure to approximately 12,200 vehicles per day (VPD) just west of Beneva Road (approx. 25,000 VPD). Located in an Affluent and Growing suburb of Hialeah with an average household income of +/- $101,248 within a 5-mile area (Experian). Extremely Dense Trade Area with over 185,747 residents and 236,699 employees within a 3-mile area (Experian). High Barrier to Entry Market. Investment Highlights: • Brand New 10-Year NNN Lease • Zero Landlord Responsibilities • Corporately Signed Lease • 3% Annual Rent Increases in the Base Term & 3 (5-Year) Options • Farm Stores is a Pioneer of the Drive-Thru Convenience Store Concept

Market Context

This retail in Sarasota, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Sarasota, FL — view the full market.

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