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3416 North Roosevelt Blvd. | Key West FL | 3880326520

Dawn Thornburgh

This listing was posted on Beach Club Brokers, Inc (via AgentWebsite).

$1,975,000

International House Of Pancakes Property

Price:
$1,975,000
Location:
3416 North Roosevelt Blvd., Key West, FL
Description:

1/9/2014 This is a real estate only purchase with a fantastic, stable true triple net long term lease in place. Family owned since the building was purpose built in 1971 for IHOP, lease has been in place with the same franchise company since the beginning. NOI is estimated to be about $100,000 for the year ending May 2012. NOI was $93,512 for the year ending May 2011. There are NO expenses to the property owner, just a $4000 check every month and once a year, a check to bring the annual payment up to 7.5% of the gross receipts. The business is available separately,
Property Type:
Commercial & Office Space for Sale
Sq feet:
2,775 sq. ft.
Year:
1971
For sale by:
Agent/Broker
Agent Name:
Dawn Thornburgh
MLS Number:
116282
Posted:
March 25 2015 on AgentWebsite
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More About this Listing: International House Of Pancakes Property
International House Of Pancakes Property is a Commercial Real Estate for Sale at 3416 North Roosevelt Blvd. in Key West FL. Find other listings like International House Of Pancakes Property and listings near 3416 North Roosevelt Blvd. by searching Oodle Classifieds for Commercial Real Estate for Sale in Key West FL.