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    2130 N Lecanto Hwy Lecanto, FL 34461

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    For Sale
    $3,778,000

    New 15-year lease with options and rent increases.

    Property size:
    7,926 SF
    Lot size:
    42.94 Acres

    Property Features for 2130 N Lecanto Hwy

    General Information

    Size
    7,926 SF
    Lot size
    42.94 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Texas Roadhouse For Sale

    The property is a restaurant location occupied by Texas Roadhouse. The tenant recently signed a new 15-year lease agreement that includes three 5-year options to extend, demonstrating a commitment to the location. The lease incorporates 10% rent increases every five years and at the beginning of each option period. Texas Roadhouse operates over 740 restaurants in 49 states and 10 foreign countries. The site, encompassing 7,926 square feet, will feature a state-of-the-art design incorporating high-quality materials.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Building Supply Wholesale Shop Storage Facility Smoke and Vape Shop Veterinary Clinic Plumbing Service Tattoo & Piercing Shop Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.4889364
    Latitude
    28.8314437

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    FAQs

    What type of property is this?
    Restaurant - New 15-year lease with options and rent increases.
    Where is this restaurant located?
    The property is located at 2130 N Lecanto Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $3,778,000.
    What are key features of this property?
    This property features: - Brand new 15-year lease demonstrates tenant commitment.; - Lease includes 10% increases every 5 years and at option periods.; - Tenant is Texas Roadhouse, operating over 740 restaurants.
    (954) 703-3600
    Request Owner's contact information
    2130 N Lecanto Hwy Lecanto, FL 34461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2130 N Lecanto Hwy Lecanto, FL 34461
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