Catylist ID: #30192522
Credit Tenant Investment Opportunity!
Retail-Commercial for Sale
|Catylist Listing ID:||30192522|
|Property Subtypes:||Free-Standing Building, Street Retail|
|Building Size (RSF):||14,670 SF|
|Gross Land Area:||28,794 SF|
|Unit Price:||$167.01 PSF|
|Property Use Type:||Investment|
|Building Name:||Fortunoff Backyard Store|
|Usable Size (USF):||14,670 SF|
Overview / Comments
This Corporate executed lease by Florida Backyard Store, LLC d/b/a Fortunoff Backyard Store a subsidiary of The Chair King, Inc. is a strong statewide Tenant that has 8 locations, $25,000,000 plus in annual gross sales and adding more locations! With store fronts in Naples, Boca Raton, Fort Lauderdale, Ft. Myers, Palm Beach Gardens, Royal Palm Beach, Stuart and SARASOTA the brand is well entrenched in Florida and looking to open more locations. The Sarasota branch is #2 in sales volume and will be putting substantial build out dollars into the interior build out and exterior branding in the summer of 2018.
Fortunoff Backyard Stores features vignettes and settings that creates an environment where someone can see a large variety of furniture. A range of dining, seating, chat, and bar collections from noted manufactures will give customers infinite possibilities for furnishing outdoor space. The Fortune Backyard Store brand enjoys a long history of successful backyard stores with 26 additional locations in New York, New Jersey, Connecticut, Delaware and Pennsylvania.
Now is your chance to own a fantastic building located on lucrative Tamiami Tr. in GREAT condition and enjoy a mutually beneficial financial arrangement with a highly successful and professional tenant for years to come.
|Nearest MSA:||North Port-Sarasota-Bradenton|
|Zoning:||CG - COMMERCIAL GENERAL|
|Property Located Between:||Located on the west side of the Trail between Stickney Pt. Rd. and S. Beneva Rd.|
|Largest Nearby Street:||Tiamami Trail|
|Highway Access:||Tamiami Trail|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
|The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|