2535 Main St Leesburg, FL 34748-4608

This exceptional investment opportunity presents a fully equipped, 2,016-square-foot restaurant located at 2535 W Main St, Leesburg, FL 34748. The property, built in 2005, sits on a 19,323-square-foot lot and includes 20 parking spaces. Currently operating as Hibachi Jose under a triple-net (NNN) lease with a remaining term of two years (expiring August 1, 2025), the lease features a 3% annual rent bump and a renewal option. The property boasts a strong net operating income (NOI) of $30,000, yielding a compelling 7.92% cap rate at an asking price of $379,000 ($188 per square foot). The restaurant is equipped with a comprehensive array of features, including two built-in smokers, a walk-in cooler, a deep fryer, and a hood vent. Designed for optimal service, it includes a drive-thru window and two walk-up windows. A screened-in patio provides outdoor seating for up to 20 guests. The B-2 zoning allows for various uses. This turnkey operation offers a fantastic opportunity for an investor or owner-operator seeking a profitable venture in a prime Leesburg location. The lease commenced August 1, 2023. The single-story building is situated in Lake County.