8184 Laura Ln Davenport, FL 33896
Long-term NNN leased Red Robin in high-traffic Davenport, Florida.
Property size:
4,622 SFLot size:
1.48 AcresProperty Features for 8184 Laura Ln
General Information
- Standard status
- Active
- Size
- 4,622 SF
- Lot size
- 1.48 Acres
Source:
Crexi
Listing Agency: The Kase Group Listing Agent: Kase Abusharkh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Leased Red Robin Property
This property offers the opportunity to acquire a long-term, absolute NNN leased Red Robin located in Davenport, Florida. The property is corporately guaranteed by Red Robin and operates under a lease with zero landlord obligations. The lease agreement features 10% rental increases every five years, ensuring a stable income stream. The lease includes four, five-year options to renew. The property benefits from its location on Laura Lane, just off Interstate 4, enhancing visibility and providing access to a high-traffic area. It is surrounded by major retailers such as Panera, Walgreens, Wendy's, Dunkin', and Publix. The building consists of 4,622 SF of retail space. Offered at a price of $2,012,338, with a cap rate of 6.50% based on a Net Operating Income (NOI) of $130,803, this property presents an investment opportunity in a high-demand retail location.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Polk
- State
- Florida
- Longitude
- -81.6002
- Latitude
- 28.2515
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Long-term NNN leased Red Robin in high-traffic Davenport, Florida.
Where is this conventional restaurant located?
The property is located at 8184 Laura Ln Davenport, FL.
What are key features of this property?
This property features: - Absolute NNN Lease: Enjoy zero landlord obligations, simplifying ownership.; - Corporately Guaranteed by Red Robin: Provides financial security with a strong tenant.; - Strategic Location: High-traffic area off Interstate 4 with excellent visibility.
