12175 Colonial Dr Winter Garden, FL 34787
High-yield NNN ground lease restaurant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 7,234 SF Miller's Ale House on 1.22-acre lot in Winter Garden, FL.
- High-traffic location on W Colonial Dr, near FL-429 & Florida Turnpike, with over 200,000 vehicles per day.
- Absolute NNN ground lease with 10% rent increases every five years and four, five-year options.
- Strong financial performance: $3,114,000 annual rent, $186,850 NOI, 6.00% cap rate, and over $7 million in tenant sales. Affluent area with average household income exceeding $108,549 within a three-mile radius.
Property Details for 12175 Colonial Dr
- Property type
- Retail properties, Restaurants
- Square Feet
- 7,234 SF
- Lot Size (sq. ft)
- 53,143 SF
Location Insight
- City
- Winter Garden
- County
- Orange
- State
- Florida
- Latitude
- 28.5519555
- Longitude
- -81.5612568
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN ground lease restaurant
- Where is the retail property located?
- The property is located at 12175 Colonial Dr Winter Garden, FL.
- What is the asking price?
- The asking price for this property is $3,114,000.
- What are key features of this property?
- This property features: 7,234 SF Miller's Ale House on 1.22-acre lot in Winter Garden, FL.; High-traffic location on W Colonial Dr, near FL-429 & Florida Turnpike, with over 200,000 vehicles per day.; Absolute NNN ground lease with 10% rent increases every five years and four, five-year options.
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