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3060 W. Sand Lake Rd
Power Center Outparcel in Orlando's Tourist Corridor
Listing Contacts
License: 0705607
Active
Asking Price: $3,500,000
Address
3060 W Sand Lake Rd, Orlando, FL 32819
Show on MapDate Added
Jan 4, 2023
Days on Market
801 days
Time Since Last Update
57 days
Details
Property TypeRetail
SubtypeRestaurant
Investment TypeNet Lease
Investment Sub TypeStabilized
Lease TypeAbsolute NNN
TenancySingle
Lease Expiration12/31/2033
Remaining Term10 years
Square Footage8,000
Net Rentable (sq ft)8,000
Price/Sq Ft$437.50
Cap Rate7.31%
OccupancyVacant
NOI$255,996
Units1
Year Built1999
Year Renovated2024
Stories1
ZoningP-D
Lot Size (acres)1.64
Parking (spaces)117
Rent Bumps3% Annually
Broker Co-OpYes
APN33-23-29-7457-00-030
Lease OptionsOne for ten years
Ground LeaseNo
OwnershipFee Simple
Marketing Description
TIR Prime Properties is pleased to present investors the opportunity to acquire a NNN leased and well-positioned, power center outparcel restaurant with zero landlord responsibility. Located in a prime tourist corridor in Orlando, Florida and just a few blocks from the upcoming Epic Universe theme park. Occupying 1.64 acres of land, the property sits on the most visible out parcel with more that 100,000 annual average daily traffic.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$255,996.00
$21,333.00/mo
Valuation Metrics
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0
DSCR
7.31%
Cap Rate
7.31%
ROI
Property History
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Due Diligence
Listing Contacts
- License: 0705607
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