For Sale
$6,600,000
Address Not Disclosed Lakeshore, FL 33898
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Lakefront wedding venue in Central Florida; long-term leaseback opportunity. High-end venue with 12 guest suites.
- 5.5% cap rate with a proposed 25-year, absolute NNN lease; strong monthly income and asset appreciation in a high-growth area.
- Tenant responsible for all maintenance, upgrades, and upkeep.
- Strong operational history; 250+ events scheduled for 2025, with bookings extending into future years.
- Financial statements and projections available with NDA.
- 14,077 SF building on 10.87 acres; banquet room (160 seats, 200 capacity), prep kitchen, bar, bridal suite, and offices.
Property Details for 0 Address Not Disclosed
- Property type
- Specialty properties
- Square Feet
- 14,077 SF
- Year Built
- 1925
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 473,497 SF
- Units
- 1
Location Insight
- City
- Lakeshore
- County
- Polk
- State
- Florida
- Latitude
- 27.9610098
- Longitude
- -81.5359402
Address Not Disclosed, Lakeshore, Florida
Leaflet | © OpenStreetMap contributors
Nearby Comparable
FAQs
- Where is the specialty property located?
- The property is located at Address Not Disclosed Lakeshore, FL.
- What is the asking price?
- The asking price for this property is $6,600,000.
- What are key features of this property?
- This property features: Lakefront wedding venue in Central Florida; long-term leaseback opportunity. High-end venue with 12 guest suites.; 5.5% cap rate with a proposed 25-year, absolute NNN lease; strong monthly income and asset appreciation in a high-growth area.; Tenant responsible for all maintenance, upgrades, and upkeep.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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