Business for Sale in Dade City, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Dade City, FL 33525

Photos

Business for Sale in Dade City, FL, photo 1 of 2
Business for Sale in Dade City, FL, photo 2 of 2

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive listing of an absolute net leased IHOP restaurant located at 13100 US-301 in Dade City, Florida. The property is backed by Sunshine Restaurant Partners — one of the largest IHOP franchisees in the United States with 150+ locations. The 5,304 SF building sits on 0.97 acres along US Route 301, a primary retail corridor with nearly 29,000 vehicles per day, and benefits from its position within the high-growth Tampa–St. Petersburg–Clearwater MSA. With a true absolute net lease structure, four 5-year renewal options with rent escalations, and a below-market rent. Investment Highlights: • Below Market Rent - $19/SF which is below the average of $40/SF for similar assets in the area • High Growth Tampa MSA - Tampa–St. Petersburg–Clearwater MSA, one of the largest metropolitan areas in the Southeast with a population of approximately 3.42 million. • Profitable Location - While the tenant is not required to report sales, Placer.ai estimates the location generates approximately $1.5 million in annual sales, reflecting a healthy rent-to-sales ratio • Top Tier Operator - Sunshine Restaurant Partners, is one of the largest IHOP franchisees in the United States with over 153+ Restaurants, bringing institutional-quality tenancy to this investment.

Market Context

This food service in Dade City, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Dade City, FL — view the full market.

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