Popular Polk County Carrabba’s property up for sale

A piece of property has hit the market in Polk County that, according to the listing agent, is leased by one of the top performing Carrabba’s Italian Grill restaurants in the country.

The land is in Winter Haven at 910 Third St. SW.

In a marketing flyer, Fort Lauderdale-based TD Commercial Group quotes a Placer.ai report showing the eatery is ranked in the top 80% of the chain’s restaurants with $4.5 million in annual sales. (Bloomin’ Brands did not respond to a request for verification and the Placer.ai report wasn’t available online.)

The distinction aside, the property is priced at $4.15 million and Carrabba’s has seven years remaining on its Bloomin’-backed lease and four five-year options. The triple net lease includes 1% annual rent increases, according to the listing.

The property is in a busy commercial district southeast of Interstate 4 and about 5 miles from Legoland Florida Resort. 

The current owner, South Carolina-based Green Lakes Properties, paid $3.6 million for the property in 2016.