Tropical Smoothie Cafe NNN Property For Sale — Wildwood, FL
5311 Sundance Trl, Wildwood, FL 34785
This investment opportunity features a Tropical Smoothie Cafe with over 12 years remaining on a Triple Net (NNN) lease, inclusive of 2% annual rent increases. The lease is guaranteed by Dyne Hospitality Group, a dominant operator with a portfolio of over 120 Tropical Smoothie Cafe locations. The property benefits from a high-traffic location with excellent visibility on Sumter County Rd 466A, experiencing 17,300 vehicles per day. Situated across from Palmetto Executive Golf Course and Big Cypress Pool & Recreation Center, it caters to an affluent customer base. The site is a shadow anchor to a high-performing Lowe's, attracting over 77,000 monthly visits from nearly 46,000 unique visitors, and is strategically positioned within a bustling retail corridor with numerous neighboring tenants.
- Address: 5311 Sundance Trl, Wildwood, FL 34785
- Asking price $2.29M
- 5.85% cap rate
- NOI $134,212
- 12 years remaining
- NNN lease
Asset type: Restaurant