For Sale
$1,952,000

845 Orange Blossom TrlApopka, FL 32703

Apopka, FL: High-growth QSR, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fee-simple ownership of a 1,893 square foot Charleys Cheesesteaks restaurant located at 845 S Orange Blossom Trail in Apopka, Florida. Built in 2019, this single-tenant, freestanding building sits on a 1.07-acre lot and boasts 100% occupancy with a strong, established tenant. The property benefits from a Net Lease (NN) structure with the franchisee tenant responsible for 100% of real estate taxes, insurance, and common area maintenance

Highlights

  • 8+ years remaining on the Charleys Cheesesteaks double-net lease with three 5-year renewal options.
  • Lease features attractive 3% annual rent increases throughout the primary term and all renewal options.
  • NN lease; tenant responsible for 100% of taxes, insurance, and CAM; landlord responsible for roof and structure.
  • Strong, established tenant: Charleys Cheesesteaks, with over 850 locations and a 35-year track record, experiencing significant growth.
  • Excellent location: Pad site to Apopka Land Shopping Center on S Orange Blossom Trail (US Route 441), a major commercial corridor, with high traffic counts (26,700+ VPD) and proximity to residential areas, schools, and other national retailers.
  • Desirable location in Apopka, Florida, offering easy access to Orlando, Orlando International Airport, and major highways.

Property Details for 845 Orange Blossom Trl

Property type
Retail properties
Square Feet
1,893 SF
Year Built
2019
Buildings
1
Stories
1
Lot Size (sq. ft)
46,609 SF
Units
1

Location Insight

City
Apopka
County
Orange
State
Florida
Latitude
28.6692261
Longitude
-81.4903157
845 Orange Blossom Trl, Apopka, Florida

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845 Orange Blossom Trl
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