Trophy Restaurant Investment: $10M Annualized Sales

 Restaurants / Posted 4 months ago by Todd Tolbert, Cushman & Wakefield / 120 views

  • Price : $8,310,168
  • Cap Rate : 4.75%
  • Net Operating Income : $394,733
  • Tenant : Eddie V's
  • Lease Type : NNN
  • Lease Term Remaining (Years) : 9+
  • Building Size (SF) : 10,845
  • Land Area (SF) : 40,552
  • Year Built : 2013

Eddie V’s is a freestanding 10,845 square-foot restaurant on a long-term ground lease to Eddie V’s Holdings, LLC a whollyowned subsidiary of Darden Restaurants, Inc. (“Darden”). Eddie V’s leases a separately platted pad site; a 40,552 square foot parcel. Built in 2013, Eddie V’s is extending their lease term by exercising their first extension option through April 30, 2028. Eddie V’s has three 5-year extension options remaining. As part of their early extension, Eddie V’s is expanding their building footprint by constructing a new 845 square-foot area to
accommodate additional dining.

4400 W. Boy Scout Blvd.Tampa,Florida,United States,33607

Todd Tolbert
Cushman & Wakefield

Show Phone Number
www.cushwake.com