2162 Harris Ave NE, Palm Bay, FL 32905

Opportunity to purchase a single tenant stand-alone income producing restaurant! Tenant is a well known breakfast & lunch diner that boasts an impressive 4.5 star Google rating. Sale includes the 2,420 SF Restaurant + 772 SF Outdoor Patio = 3,192 SF Total. Most of the FF&E owned by Landlord. NNN Lease expires 1/1/28 with one 5-year option. Annual CPI escalators with 3% floor & 6% ceiling. Est. NOI is $54,000 (7.5% CAP). Improvements include piped gas line, grease trap, drive through window, and built-in walk-in cooler. New roof in 2019. 51 asphalt paved/striped parking spaces. Property is strategically located off of Palm Bay Road with est. 30,000 VPD. Close proximity to US1, Babcock Street & Interstate 95. Lots of daytime employers nearby. Call today for Details!