5234 State Rte Palm Coast, FL 32164
- Retail properties
- 1,400 SF
Current Use by Public Records
- Retail properties
Property Details for 5234 State Rte
- Year built
- 2010
- Property size
- 1,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents a thriving Tropical Smoothie Cafe located in a high-traffic area of Palm Coast, Florida. Situated at 5234 State Route 100, at the corner of Belle Terre Blvd and Highway 100 within the Super Target Shopping Center, this 1,400 square foot restaurant boasts a prime location and a 13-year history of success. The property, built in 2010 and renovated three years ago, is offered at an asking price of $349,000, significantly below the average cost of establishing a new Tropical Smoothie Cafe. This is a single-tenant, NNN lease with a franchisee tenant, offering 100% occupancy since June 5, 2023, and a remaining lease term of two years. The property features a single story building with commercial zoning. This turnkey business is ready for immediate takeover, with daily sales and owner training provided to ensure a smooth transition. The current owners are offering possible partial owner financing, making this an even more attractive investment opportunity. Don't miss this chance to acquire a well-established, profitable business in a prime location. This is a rare opportunity to own a successful franchise at a significantly reduced cost.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2158
- Latitude
- 29.476
