For Sale
$3,650,000

3060 Sand Lake RdOrlando, FL 32819

Prime Orlando restaurant, 8,000 sq ft, 10-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fee-simple, 8,000-square-foot restaurant located at 3060 W Sand Lake Rd, Orlando, FL 32819. The property, built in 1999 and renovated in 2024, sits on a 1.64-acre lot in a high-traffic tourist corridor, just blocks from the upcoming Epic Universe theme park. Currently vacant, this single-tenant, absolute NNN leased property offers a stabilized investment with a remaining lease term of 10 years, expiring December 31, 2033. The lease includes annual rent bumps of 3%, ensuring consistent income growth. The property boasts a strong NOI of $255,996, resulting in a 7.01% cap rate and a price per square foot of $456.25. With 117 parking spaces and a permitted P-D zoning, this property offers significant upside potential. The asking price is $3,650,000. This is a rare opportunity to acquire a well-located, stabilized restaurant property in one of Orlando's most dynamic areas. The property features a single story building and is zoned for commercial use. The lease is an absolute NNN lease, meaning the tenant is responsible for all property expenses, minimizing landlord responsibilities. The property's prominent location within a power center outparcel ensures high visibility and accessibility.

Highlights

  • $3,650,000 asking price for this 8,000 square foot restaurant.
  • Net lease investment opportunity with a stabilized tenant.
  • Absolute NNN lease with 10 years remaining (expiring 12/31/2033), featuring 3% annual rent bumps.
  • 7.01% cap rate and a $255,996 NOI.
  • Located on 1.64 acres in Orlando, FL, at 3060 W Sand Lake Rd, with 117 parking spaces.
  • Currently vacant, but recently renovated in 2024.

Property Details for 3060 Sand Lake Rd

Property type
Retail properties, Restaurants
Square Feet
8,000 SF
Year Built/Renovated
1999/2024
Stories
1
Lot Size (sq. ft)
71,438 SF
Units
1

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.4496777
Longitude
-81.4261385
3060 Sand Lake Rd, Orlando, Florida

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3060 Sand Lake Rd
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