260 Crandon Blvd Key Biscayne, FL 33149

This exceptional NNN investment opportunity presents a 1,044 square foot restaurant space located at 260 Crandon Blvd, Key Biscayne, Florida, 33149. The property, part of The Square shopping center, is currently leased to Freddo Gelato, a master franchisee for South Florida, and a globally recognized brand with over 200 locations worldwide. The asking price is $1,400,000, translating to $1,341 per square foot. The lease is a 10-year NNN agreement with a monthly base rent of $6,650 plus net operating expenses. This sale-leaseback structure offers immediate cash flow and long-term stability. Situated in a prime location within a thriving retail center featuring a diverse mix of restaurants and retailers, this property benefits from high visibility and foot traffic. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment opportunity in the desirable Key Biscayne market. This is a single-unit retail condo offering a secure and lucrative investment prospect. The property is easily accessible and situated within a well-established and popular shopping destination. This turnkey investment requires minimal management and offers significant potential for long-term appreciation.