Church's Chicken NNN Property For Sale — St. Petersburg, FL
3510 Central Avenue, St. Petersburg, FL 33711
This single-tenant quick-service restaurant is ideally situated on a vibrant retail corridor with excellent visibility and high traffic counts. The property benefits from a signalized intersection of two main thoroughfares and a dense surrounding population, offering a strategic investment opportunity with zero landlord responsibilities due to an absolute triple-net lease. Located in Pinellas County, Florida's most densely populated county, the property benefits from high barriers to entry for new construction. Central Avenue is a major retail corridor providing direct access to downtown St. Petersburg and St. Pete Beach. Nearby demand drivers include Grand Central Station, Goodwill, YMCA, and a Walmart Supercenter, along with numerous other national restaurant chains.
- Address: 3510 Central Avenue, St. Petersburg, FL 33711
- Asking price $1.10M
- 5.42% cap rate
- NOI $59,620
- 1 years remaining
- NNN lease
- Year built: 1971
- Building size: 1,698 SF
- Lot size: 0.23 acres
- Lease expiration: Apr 18, 2025
- Rent increases: 1.5% annual increases
- Guarantor: Corporate
Location
This Church's Chicken property is at 3510 Central Avenue in St. Petersburg, Florida.
Asset type: Quick Service Restaurant