Listed by SRS Real Estate Partners Fort Lauderdale, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Orlando
$1,990,000
Vacant Denny's
Details
APN 10-21-28-0000-00-037
Property Type Retail
Sub Type Restaurant
Square Footage 7,535
Tenancy Vacant
Lease Type Net
Price per SqFt $292
Year Built 1966
Year Renovated 1986
Acreage 0.860
Zoning MU-D: Mixed-Use Downtown
Parking Spaces 59 spaces
Parking Per SqFt 7.83
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Retail | 7,535 SqFt
Marketing description
For Sale
Investment highlights
Commercial Land Use | Former Restaurant Site
- Former Denny's
- Potential retail/commercial redevelopment
- Commercial Mixed-Use land use gives the Landlord flexibility if they elect to redevelop the site
- Situated on a 0.86 AC parcel with ample parking
Signalized, Hard Corner Intersection | Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
- The subject property is located at the signalized, hard corner intersection of E Main St and Edgewood St which combined average 45,000 VPD
- The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Aldi, 7-Eleven, Advance Auto Parts, Family Dollar, Wawa, Autozone, KFC, and many more
- Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
- Furthermore, the asset is in close proximity to Lovell Elementary School (643 students), Trinity Christian School (375 students), and Apopka Elementary School (841 students), further increasing consumer traffic to the site
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- More than 150,000 residents and 32,000 employees support the trade area, providing a direct consumer base from which to draw
- $119,196 affluent average household income
Listing Contacts
Listed by SRS Real Estate Partners Fort Lauderdale, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Orlando
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