Single-Tenant Greek Diner with
3291 SW Martin Downs Blvd Palm City, FL 34990
3291 SW Martin Downs Blvd, Palm City, FL, 34990
Contact for pricing
For Sale
Contact for pricing
Pending
Greek diner on a large parcel off a signalized intersection with a 15-year absolute net lease.
Days on Market102
Property Features for 3291 SW Martin Downs Blvd
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed by
Gabriel Britti · License #FL SL3211804
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:53AM Checked: Jul 21 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present for sale this Pylos Greek Diner located at 3291 SW Martin Downs Blvd. The property consists of a 5,529-square-foot restaurant on a large 1.65-acre parcel. The site is situated just off a signalized intersection of SW Martins Hwy and SW Martin Downs Hwy.
The surrounding area includes multiple brand new luxury home developments, as well as nearby multi-family and educational uses. The traffic counts referenced in the remarks indicate over 40,000 vehicles per day on the adjacent highway network.
The property is offered with a 15-year lease in place, including three, five-year options to renew. Rent is scheduled to increase by 10% every five years, including the option periods. The lease is described as an Absolute Net Lease and is guaranteed by a four-unit operating company.
The surrounding area includes multiple brand new luxury home developments, as well as nearby multi-family and educational uses. The traffic counts referenced in the remarks indicate over 40,000 vehicles per day on the adjacent highway network.
The property is offered with a 15-year lease in place, including three, five-year options to renew. Rent is scheduled to increase by 10% every five years, including the option periods. The lease is described as an Absolute Net Lease and is guaranteed by a four-unit operating company.
Key Highlights
- 5,529 SF Pylos Greek Diner on a 1.65‑acre parcel in Palm City, FL, at 3290 SW Martin Downs Boulevard
- 15‑year absolute net lease with three, five‑year renewal options and 10% rent increases every five years (including option periods)
- Lease is guaranteed by a four‑unit operating company
Property Analytics
Location Intelligence
Current Use by Public Records
Pylos Greek Kuzina
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Greek diner on a large parcel off a signalized intersection with a 15-year absolute net lease.
Where is this conventional restaurant located?
The property is located at 3291 SW Martin Downs Blvd Palm City, FL.
What are key features of this property?
This property features: 5,529 SF Pylos Greek Diner on a 1.65‑acre parcel in Palm City, FL, at 3290 SW Martin Downs Boulevard; 15‑year absolute net lease with three, five‑year renewal options and 10% rent increases every five years (including option periods); Lease is guaranteed by a four‑unit operating company
