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3237 W Norvell Bryant Hwy
Lecanto, FL 34461
Longhorn · Retail Property For Sale
Investment Highlights
- Brand new construction.
- Contractual ten percent rental increases every five years.
- True passive ownership.
- Ten-year primary lease term.
- Absolute NNN ground lease structure.
- The tenant owns its improvements.
Executive Summary
Single-Tenant Net Lease Offering featuring a brand new construction LongHorn Steakhouse with a 10-year lease and 10% increases every 5 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,500 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$5,121,383 CAD
Price Per SF
$787.91 CAD
Cap Rate
5.25%
NOI
$268,893 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.60 AC
Zoning
GNC - General Commercial
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
- Awning
Property Taxes
| Parcel Number | 18E-18S-21-0000-22000 | Improvements Assessment | $0 CAD |
| Land Assessment | $4,496,751 CAD | Total Assessment | $4,496,751 CAD |
Property Taxes
Parcel Number
18E-18S-21-0000-22000
Land Assessment
$4,496,751 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,496,751 CAD
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