For Sale
$3,928,833

6400 Orange Blossom TrlLockhart, FL 32810

High-yield Burger King investment. Prime Orlando location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 4,121 square foot Burger King restaurant situated on a 1.45-acre lot at 6400 N Orange Blossom Trl, Orlando, FL 32810. The property, originally constructed in 1987 and significantly renovated in 2017, boasts a strong financial profile with a 3.00% cap rate and a net operating income (NOI) of $117,865. The asking price is $3,928,833, translating to a price per square foot of $953.37. The property features ample parking for 48 vehicles. The lease is a triple-net (NNN) agreement with a corporate guarantee from Burger King Corporation, ensuring minimal landlord responsibilities. The current lease term extends to August 31, 2029 (4.8 years remaining), with four additional five-year renewal options. Rent increases by 10% every five years, providing built-in growth potential. The property's location on the busy N Orange Blossom Trail in Orlando offers high visibility and consistent traffic, contributing to its strong performance and long-term stability. This turnkey investment is ideal for those seeking a low-maintenance, high-return asset in a thriving market. The 100% occupancy rate further underscores the property's desirability and financial strength.

Highlights

  • $3,928,833 asking price for a net-leased Burger King.
  • 4,121 square foot building on a 1.45-acre lot in Orlando, FL.
  • NNN lease with corporate guarantee from Burger King.
  • 4.8 years remaining on the lease, expiring August 31, 2029, with four 5-year renewal options.
  • 10% rent increase every 5 years.
  • $117,865 annual NOI, resulting in a 3.00% cap rate.

Property Details for 6400 Orange Blossom Trl

Property type
Retail properties, Restaurants
Square Feet
4,121 SF
Lot Size (sq. ft)
63,162 SF

Location Insight

City
Lockhart
County
Orange
State
Florida
Latitude
28.613853290616
Longitude
-81.434089860171
6400 Orange Blossom Trl, Lockhart, Florida

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6400 Orange Blossom Trl
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