Spring Hill, FL 34606

Cracker Barrel Ground Lease

Property Address

1371 Commercial Way, Spring Hill, FL, USA

Offering Summary

  • Price: $2,800,000
  • Lot Size: 2.46 Acres
  • Cap Rate: 5.25%
  • Year Built: 2008
  • Building SF: 10,000
  • Status: Available
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  • Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 59,264 Residents within 5 Miles of Subject Property - Growing Spring Hill Trade Area in the Tampa Bay MSA
  • Excellent Visibility Along Commercial Way (US-19) - 43,000+ Cars/Day
  • Located in Major Retail Corridor - Surrounding National Retailers Include Best Buy, JCPenney, Dollar Tree, Walmart, PetSmart, Publix, and More
  • Average Household Income Exceeds $61,000 within a 3-Mile Radius
  • Down the Road from Pasco-Hernando State College Spring Hill Campus - 1,950 Students
  • Strong Daytime Population - 45,133 Employees in Surrounding Area

Broker Information