Retail Space
1842 Rockledge Boulevard Rockledge, FL 32955
Details & Description
Price: $4,800,000
    INVESTMENT HIGHLIGHTS * Long-Term, 18 Years Remaining on Initial Lease Base Term * Absolute Triple Net (NNN) Investment * Annual Escalations of 2% Starting in Year 4 * Four (4), Five (5) Year Tenant Renewal Options with Escalations During Options * Dual Brand QSR Concept Location : Pizza Hut and KFC with Drive-Thru LOCATION HIGHLIGHTS * Dense Urban Infill Location | Surrounding Retailers include CVS, Publix, Dollar General, McDonald's, Beals, Dunkin Donut's and many more. * Incredibly Strong Economic Drivers including Rockledge High School less than One Mile from Subject Property and Enrollment of over 1,400 Students * Strong Demographics | Population Counts Exceed 275,000 +/- within a 10 Mile Radius * Located within the Orlando MSA | 40 Minute Drive to Orlando, Disney World Theme Parks and Orlando International Airport * Traffic Counts Exceed over 40,000 vehicles per day along Rockledge Blvd * Shopping Center Fundamentals | Publix has recently submitted plans with the City of Rockledge to complete a Re-Format of their current location in the shopping center in which the subject property is located | Further Illustrates Commitment to the Market and a their vision of a thriving market moving into the future TENANT / BRAND HIGHLIGHTS * Globally Recognized Brand – Pizza Hut Continues to Be the Top Pizza Brand in the Country in Terms of Unit Count and Revenue * Dedicated, Drive and Experienced Operators within the Restaurant Industry and Florida Markets * Proven Track Record with Strong Operational History Across its 16,976 Locations Throughout the United States and in 103 Other Countries * KFC Operates more than 17,000 Restaurants in the Unites States and Internationally * Celebration Restaurant Group, LLC is One of the Largest Yum! Brands Domestic Franchisees – They Operate Under the Brands of Pizza Hut (132), Taco Bell (37) and KFC (4) * CFL Pizza, LLC - Formed in December 2009 With the Acquisition of the Pizza Hut Restaurants in Central Florida – Today They Operate 132 Pizza Huts Throughout Several StatesOutparcel to Publix Anchored Shopping Center with Excellent Mix of National Tenants with Direct Frontage along Rockledge Blvd.
    Property Highlights
     Long-Term, 18 Years Remaining on Initial 20 Base Lease Term with 2 Annual Escalations Starting in Year 4
     Dual Brand QSR STNL Absolute NNN Pizza HutKFC with Drive-Thru
    Listing Agents
    Robert Granda

    O: 786-522-7075
    robert.granda@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1842 Rockledge Boulevard

    Rockledge, FL 32955

    Listing ID: 275424
    • 1842 Rockledge Boulevard Rockledge, FL 32955 | for Sale | Photo 1
    • 1842 Rockledge Boulevard Rockledge, FL 32955 | for Sale | Photo 2
    1842 Rockledge Boulevard | for Sale | Thumbnail 1
    1842 Rockledge Boulevard | for Sale | Thumbnail 2
    Building Size: 2,491 SF
    Lot Size: 0.300 AC
    Land Size: 13,068 SF
    Building $/SF: $1,926.94
    Land $/SF: $367.31
    Price
    $4,800,000
    Property Highlights
    Dual Brand QSR STNL Absolute NNN Pizza HutKFC with Drive-Thru
    Long-Term, 18 Years Remaining on Initial 20 Base Lease Term with 2 Annual Escalations Starting in Year 4
    Description

    INVESTMENT HIGHLIGHTS * Long-Term, 18 Years Remaining on Initial Lease Base Term * Absolute Triple Net (NNN) Investment * Annual Escalations of 2% Starting in Year 4 * Four (4), Five (5) Year Tenant Renewal Options with Escalations During Options * Dual Brand QSR Concept Location : Pizza Hut and KFC with Drive-Thru LOCATION HIGHLIGHTS * Dense Urban Infill Location | Surrounding Retailers include CVS, Publix, Dollar General, McDonald's, Beals, Dunkin Donut's and many more. * Incredibly Strong Economic Drivers including Rockledge High School less than One Mile from Subject Property and Enrollment of over 1,400 Students * Strong Demographics | Population Counts Exceed 275,000 +/- within a 10 Mile Radius * Located within the Orlando MSA | 40 Minute Drive to Orlando, Disney World Theme Parks and Orlando International Airport * Traffic Counts Exceed over 40,000 vehicles per day along Rockledge Blvd * Shopping Center Fundamentals | Publix has recently submitted plans with the City of Rockledge to complete a Re-Format of their current location in the shopping center in which the subject property is located | Further Illustrates Commitment to the Market and a their vision of a thriving market moving into the future TENANT / BRAND HIGHLIGHTS * Globally Recognized Brand – Pizza Hut Continues to Be the Top Pizza Brand in the Country in Terms of Unit Count and Revenue * Dedicated, Drive and Experienced Operators within the Restaurant Industry and Florida Markets * Proven Track Record with Strong Operational History Across its 16,976 Locations Throughout the United States and in 103 Other Countries * KFC Operates more than 17,000 Restaurants in the Unites States and Internationally * Celebration Restaurant Group, LLC is One of the Largest Yum! Brands Domestic Franchisees – They Operate Under the Brands of Pizza Hut (132), Taco Bell (37) and KFC (4) * CFL Pizza, LLC - Formed in December 2009 With the Acquisition of the Pizza Hut Restaurants in Central Florida – Today They Operate 132 Pizza Huts Throughout Several States

    Outparcel to Publix Anchored Shopping Center with Excellent Mix of National Tenants with Direct Frontage along Rockledge Blvd.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Rockledge Area Market Trends

    Listing Demographics for 1842 Rockledge Boulevard Rockledge, FL 32955

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1842 Rockledge Boulevard in Rockledge?
    The asking price for 1842 Rockledge Boulevard is $4,800,000
    What is the building size of this Retail property in Rockledge, FL?
    The size of the building/unit at 1842 Rockledge Boulevard in Rockledge is 2,491 square feet
    How much land does the Rockledge, FL property at 1842 Rockledge Boulevard include?
    1842 Rockledge Boulevard in Rockledge includes 0.300 acres of land
    What kind of Retail is the property at 1842 Rockledge Boulevard?
    The property at 1842 Rockledge Boulevard Rockledge, FL 32955 is listed as a Food Service Retail property
    What is the population within 1 mile of 1842 Rockledge Boulevard in Rockledge?
    The population within 1 mile of 1842 Rockledge Boulevard Rockledge, FL 32955 is 7,027 people.
    Who do I contact for questions about 1842 Rockledge Boulevard?
    You should contact the listing agent, Robert Granda , for any details regarding this commercial listing.

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