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    6389 Us 90

    Milton, FL 32570
    • $916,940
    • STATUS: Active
    • ON SITE: 90 Days
    • MLS #: 593875
    UPDATED: 24 min ago
    $916,940
    • 0
      BEDS
    • 1.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Shrimp Basket is a 28 Unit Seafood Chain that is 100% Corporately owned group of restaurants located in 4 Southeastern States. This location is 3 years into a 10-year lease. Lease has 3% +/- increases per year throughout the initial lease term. Shrimp Basket started in 1993. *Cap Rate and NOI based on April 2020-March 2021

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    © 2021 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2021-10-25T17:54:25.283.
    www.levinrinkerealty.com/homes/119713132
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    6389 Us 90 Milton, FL 32570

    • Price: $916,940
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 593875
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.71
    Acres
    County:
    Santa Rosa
    Area:
    Milton
    Property Description
    Shrimp Basket is a 28 Unit Seafood Chain that is 100% Corporately owned group of restaurants located in 4 Southeastern States. This location is 3 years into a 10-year lease. Lease has 3% +/- increases per year throughout the initial lease term. Shrimp Basket started in 1993. *Cap Rate and NOI based on April 2020-March 2021
    Exterior Features

    Frontage Length 1

    Property Features

    Area Description On Hwy 90 in The Heart Of The Retail District in Milton Between Parkmore Plaza And Six Flags Shopping Center Building Name 7.9% Cap Rate | Single Tenant Investment Listing Agreement Exclusive Right To Sell Property Sub Type Retail Sale Rent For Sale

    Listing provided courtesy of Svn Southland Commercial Real Estate.


    © 2021 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2021-10-25T17:54:25.283.
     
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    Levin Rinke Realty
    10 Portofino Drive
    Pensacola Beach FL, 32561