1150 Douglas Ave Altamonte Springs, FL 32714

This exceptional full-service restaurant and lounge presents a lucrative investment opportunity in the thriving Altamonte Springs, Florida market. Boasting a remarkable 24% cap rate and a substantial net operating income (NOI) of $300,000, this established business has enjoyed consistent success for two decades. The property encompasses 2,791 square feet of well-maintained space, perfectly suited for its current operation. The asking price is $1,250,000, translating to a price per square foot of $447.87. The property operates under a triple net lease (NNN) agreement with a remaining term of 9 years, ensuring long-term stability and predictable cash flow for the owner/user. Located at 1150 Douglas Ave, Altamonte Springs, FL 32714, this turnkey business offers immediate income generation and significant growth potential. The property's prime location within Seminole County provides easy access to a large customer base and ample parking. This is a rare opportunity to acquire a profitable, established business with a strong track record and significant upside. The business is categorized as "Business Only" and is offered as an owner/user investment. Financial details are readily available upon request. Don't miss this chance to own a piece of Altamonte Springs' vibrant culinary scene.