Vacant QSR - Redevelopment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30634445
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 3,223 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $265,000
Unit Price: $82.22 PSF
In Opportunity Zone? Yes
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/24/2020

Overview / Comments

Beck Partners CRE is pleased to bring to market this vacant QSR out parcel in Madison, FL. This free-standing restaurant, which was formerly a KFC is 3,223 SF and includes a drive-thru. The site has roughly 21 +/- parking spaces and is located along the main retail corridor of Madison with daily traffic counts of 10,200 cars. The location has great visibility from W Base St. and is one of the out parcel to Winn-Dixie anchored shopping center. Location is ready for an immediate redevelopment opportunity.

Vacant Building With Existing Drive-Thru
Major Thoroughfare with excellent Visibility
Outparcel to a Winn-Dixie Anchored Shopping Center
Value Add Opportunity Through Redevelopment

Additional Details

Nearest MSA: Tallahassee
County: Madison
Tax ID/APN: 21-1N-09-3865-012-000
Zoning: COM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,094 7,122 8,671
Median Age: 31.04 36.95 37.6
Households: 738 2,173 2,779

Contact

Photograph of Listing Agent

Victor Pena

Beck Partners CRE, LLC
Not a member of Gulf Coast CMLS
Photograph of Listing Agent

Shawn Maxey

Beck Partners CRE, LLC
Gulf Coast CMLS Member
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