Property Use Type: Net Lease Investment with 10+ years left on lease
Construction Status: Under Construction - Proposed
Cap Rate: 6%
Occupancy: 100%
No. Stories: 1
Tenancy: Single
Property on Ground Lease?: Yes
Year Built: 2016
Lot Size: 1.60 AC
Highlights of Lakeland Investment Property
Highly Visible Pad at Key Corner of Upscale Lakeside Village
Brand New Construction with Long Term Lease
Surrounding Presence of National Retailers, Hotels and Restaurants
Easy Access off Polk Parkway
High HH Income (1 mile: $63,250)
Florida has No State Income Tax
Description of Commercial Real Estate
Brand new construction of Glory Days Grill on 1.6 acres in upscale Lakeside Village in Florida. This is a NNN ground lease. A great opportunity with No landlord responsibilities.
Great visibility off Polk Parkway with location on key corner and surrounded by national retailers, hotels and restaurants.
GLORY DAYS GRILL Glory Days Grill is a full-service, sports-themed family restaurant featuring great food at very affordable prices, outstanding service and real-time entertainment. Every restaurant brings together award-winning menus accompanied by numerous large screen televisions tuned to a variety of sports, cartoons, news and entertainment offerings. Tables and booths have individual volume-controlled speaker stations adding to the guest’s enjoyment. Many locations have private banquet facilities and all feature catering services. Founded in Fairfax, VA in 1996, Glory Days Grill has been named Best Casual Theme Restaurant, Best American Restaurant, Best Sports Bar, and has also received accolades for Best Ribs, Best Chili, Best Burger and Best Bartender. Glory Days Grill founders, Richard Danker, Bob Garner, and Jeff Newman currently own and operate 18 Glory Days Grill restaurants in the tri-state area comprising Maryland, Virginia and West Virginia as well as 2 FANFARE Eateries in Virginia. Glory Days Grill also supports 4 franchised restaurants in Richmond, VA and Tampa, FL
3790 Lakeside Village Court, Lakeland, Florida 33803 (Polk County)
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