$1,375,000
$1,450,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
2800 S Congress Ave Palm Springs, FL 33461
2,639 SqFt
Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,639 sqft
Price per Sqft $521
MLS Listing ID A10786512
Sold Date 07/10/20
HOA Y/N No
Year Built 1988
Annual Tax Amount $19,950
Tax Year 2019
Contingent No Contingencies
Lot Size 0.841 Acres
Property Description
Pizza Hut is an NNN leased property located on an easily accessible intersection in Palm Springs, Florida. The property was built in 1998 on 0.84 acres, has ample parking, a new 20-year lease was signed in 2005. 5+ years left with a 10% increase in October 2020 and Two 5-years options. Proven 75 unit franchisee. Corner location, No landlord responsibilities, absolute net lease.
Location
State FL
County Palm Beach County
Area 5470
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Waterfront No
Roof Type Metal
Building
Sewer Other
Water Public
Structure Type Block
Others
Tax ID 70434417030000240
Ownership Limited Partnership
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with BHHS EWM Realty