Opportunity Zone
Popeyes Freestanding With Drive Thru
Absolute NNN | Zero Landlord Responsibilities
Listing Contacts
License: AZ AZ BR101032000
Active
Asking Price: $2,319,166
Listing Broker NameBrian Brockman
Brokerage NameBang Realty-Naples, Inc
Address
1035 Lee Rd, Orlando, FL 32810
Show on MapDate Added
Feb 13, 2025
Days on Market
33 days
Time Since Last Update
32 days
Details
Property TypeRetail
SubtypeQSR/Fast Food
Investment TypeNet Lease
ClassA
Lease TypeAbsolute NNN
Tenant CreditFranchisee
TenancySingle
Brand/TenantTaco Bell, Burger King, Wendy's, Chick-fil-A, Popeyes, KFC, Raising Cane's, Church's Chicken, Golden Chick
Lease Commencement06/01/2014
Lease Expiration05/31/2034
Remaining Term9.2 years
Square Footage2,268
Cap Rate6.00%
Occupancy100%
NOI$139,150
Units1
Year Built2014
Buildings1
Stories1
ZoningC-1
Lot Size (acres)1.47
Rent Bumps10% Increases Every 5 Years
Broker Co-OpYes
APN03-22-29-0000-00-054
Lease Options(4) 5 Year Options
OwnershipFee Simple
Marketing Description
Retail Investment Group is pleased to present for sale this Popeyes in Orlando, Florida. This opportunity features a long-term Absolute NNN lease with over 9 years remaining. This ±2,268 square foot building sits on a large ±1.47 acre parcel and was built in 2014.
Investment Highlights
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Freestanding location with drive-thru
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Absolute NNN lease with ZERO landlord responsibilities
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Across the street from Walmart Neighborhood Market, the center’s tenants include Dollar Tree, Grainger and Planet Fitness
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Located right off of Interstate 4 with over 185,000 vehicles per day
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Strong demographics with nearly 80,000 residents within 3 miles
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,150.00
$11,595.83/mo
Valuation Metrics
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0
DSCR
6%
Cap Rate
6%
ROI
Due Diligence
Listing Contacts
- License: AZ AZ BR101032000
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Broker Information
Broker Name
Brian Brockman
Broker License
BK3327646
Brokerage Name
Bang Realty-Naples, Inc
Broker Title
Broker
Brokerage Phone
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