Arby’s Drive-Thru & Heartland Dental
Multi-Tenant Offerings
Arby’s Drive-Thru & Heartland Dental
4924 Co Rd 466A
Wildwood (The Villages), FL
- Price:
- $4,709,000
- Cap Rate:
- 5.50%
- NOI:
- $259,000
- Rentable SQFT:
- 5,598 SF
- Year Built:
- 2023
- Lot Size:
- 1.00 +/ Acres
- Status:
- Available
Investment Highlights
- 100% Occupied by Arby’s with a Drive-Thru and Heartland Dental
- 15-Year and 10-Year Leases, 10% Increases Every 5 Years
- KBP is One of the Largest Franchises in the U.S. with 1,100+ Restaurants, Including 110+ Arby’s
- Heartland Dental Operates 1,750+ Locations in 39 States, KKR is Majority Owner
- Brand New High-Quality Construction, Minimal Landlord Responsibilities
- Wildwood-The Villages is the Nation’s Fastest-Growing Metro Area with 151,565 Residents
- Affluent Trade Area, Average Household Income Exceeds $92,000 in 1 Mile and $90,000 in 5 Miles
- The Population of The Villages Grows by 4,500 Annually, Minutes to New Village of Southern Oaks with 50,000 Permittable Homes
- Adjacent to a New Wawa, New Discount Tire, and Across from High-Volume Home Depot
- Outparcel to Turkey Run Mixed-Use Development with 325 New Multifamily Units and New Hotels (216 Doors)
- Down the Street from Trailwinds Village, a New 7.1 Million SF Mixed-Use Project Anchored by a Brand New Target, Publix, Lowe’s, and 425 Luxury Apartments
- Accessible to 29,400 Cars/Day at Busy Signalized Intersection, Primary Commercial Corridor
- Strong Daytime Population, Over 18,000 Employees in Primary Trade Area
- 50 Miles Northwest of Walt Disney World and Orlando and 70 Miles North of Tampa
- Tax Free State, No State Income Tax in Florida
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