2130 N Lecanto Hwy, Lecanto, FL

Listing office SRS Real Estate Partners | Fort Lauderdale Show Phone

Listing date Oct 30, 2024

Source Moodyscre

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Overview

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.

Suggested Use

Building Supply Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Butcher Veterinary Clinic Tattoo & Piercing Shop

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

Similar Places Nearby

• AMP Culinary, Inc. — 2804 W Marc Knighton Ct, Lecanto, FL 34461

Location Insight

• Map
• Local Demand

City

Lecanto

County

Citrus

State

Florida

Longitude

-82.4889

Latitude

28.8314

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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.