Map of Property

Brand New Hobby Lobby | NNN 15-Yr Lease with Rent Increases

For Sale

1826 N Lecanto Hwy, Lecanto, FL 34461

This Lecanto property for sale is located at 1826 N Lecanto Hwy. The current listed sale price for Brand New Hobby Lobby | NNN 15-Yr Lease with Rent Increases is $4,400,000. Brand New Hobby Lobby | NNN 15-Yr Lease with Rent Increases is situated on a lot that is 4.71 square feet in size.

Contacts

broker

Thomas Ladt

Colliers

Property Details

  • Property Type Retail
  • Lot Size 4.71 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 181
  • Year Built 2024
  • Date Updated Sep 5, 2024

SECURE INCOME STREAM

•    New 15-Year Lease – low rent of $4/SF, well below replacement cost, $0.50/SF increases during base term
•    Rare Tenant Maintained Parcel – tenant responsible for all maintenance of parcel, landlord responsible for roof and structure
•    Brand New 2024 Construction – latest prototype design and footprint
•    Significant Investment by Hobby Lobby – tenant funded development
•    Corporate Guaranteed Lease – ranked #75 largest private company in the U.S. by Forbes in 2023., over 1,000 locations
•    Hobby Lobby 2023 Annual Revenue of $7.9 Billion – 2.6%increase over 2022, 43,000 employees

PROXIMITY

•    Shadow-Anchored by Walmart Supercenter – additional tenants include McDonald’s, PetSmart, Glory Days, Arby’s, Panda Express and Mavis Tires
•    Excellent Access and Visibility to 41,540 VPD – across from brand new Target and Aldi anchored center
•    70,809 Residents in Growing Trade Area - with an average household income of $73,295
•    Surrounded by Thousands of Residential Homes - Black Diamond Ranch (750 Units), Terra Vista (2,045 Units) and Brentwood Farms
(600+ Units)
•    New Entrance to Suncoast Parkway Phase 2  – will be completed in 2026 to serve future increases in traffic due to growth and development)
•    Additional Planned Nearby Development Includes  – Lecanto Preserve (930 Units), Amber Ridge (982 Single Family Homes / 155 Townhomes / 300 Multi-Family Unit), and Davis Preserve (400 Unit Villa Development)

 

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Attachments

Getting around

  • 29/100

    Walk Score ®

  • 19/100

    Bike Score ®

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Location

  • City Lecanto, FL
  • Neighborhood Lecanto
  • Zip Code 34461

Points of Interest

  • Citgo

    2.55 miles

  • Sunoco

    2.73 miles

  • RaceTrac

    5.51 miles

  • Greenlots

    5.77 miles

  • PURE

    5.94 miles

  • RaceTrac

    6.01 miles

  • Circle K

    6.18 miles

  • Chevron

    6.24 miles

  • BP

    6.27 miles

  • Shell

    9.30 miles

  • trailer parking

    6.35 miles

  • Adventure Center Parking

    6.36 miles

  • Outback

    8.41 miles

  • Parking for Bike and hike trail

    8.61 miles

  • overflow parking

    8.69 miles

  • McDonald's

    0.14 miles

  • Wendy's

    0.24 miles

  • Burger King

    2.56 miles

  • Dunkin'

    2.67 miles

  • Olive Tree Restaurant

    5.76 miles

  • Dairy Queen

    5.79 miles

  • Riviera Mexican Cantina

    5.82 miles

  • Arby's

    5.90 miles

  • Grannie's Country Cookin' Restaurant

    5.91 miles

  • Codys Original Roadhouse

    5.97 miles

  • Walmart Supercenter

    0.25 miles

  • Publix

    2.54 miles

  • Crystal River Sweetbay

    5.80 miles

  • Beall's Outlet

    5.99 miles

  • Bealls

    6.01 miles

  • Walmart Supercenter

    6.07 miles

  • TJ Maxx

    6.36 miles

  • Bealls

    6.44 miles

  • Crystal River Mall

    7.25 miles

  • Winn-Dixie

    8.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Thomas Ladt

Colliers