4390 Us-27 Sebring, FL 33870
- Retail properties
- 5,005 SF
- 1.83 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4390 Us-27
- Year built
- 2005
- Lot size
- 1.83 lot acres
- Property size
- 5,005 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fee-simple, Class A, 5,005 square foot Denny's restaurant located at 4390 US-27, Sebring, FL 33870. The property sits on a 1.83-acre lot in a high-traffic area (42,500 vehicles per day) and boasts a 12.5-year remaining lease (expiring 05/31/2037) with a reputable franchisee, EYM Diner, operating since 2012. The absolute NNN lease structure ensures minimal landlord responsibilities, with a current NOI of $122,100 and a 5.80% cap rate. The asking price is $2,105,000. Rent increases by 10% every five years, providing inflation protection. The property benefits from its location in a thriving retail corridor, anchored by a hotel and situated near major retailers like Publix, Walmart, and more, within a densely populated residential area experiencing significant growth. Built in 2005, this single-tenant property offers a secure, passive income stream with a strong tenant and favorable lease terms, making it an ideal 1031 exchange opportunity. The property is 100% occupied.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4976
- Latitude
- 27.5238
