3060 Sand Lake RdOrlando, FL 32819

Property Details for 3060 Sand Lake Rd

Year built

1999

Lot size

1.64 AC

Property size (Sq ft)

9,678 SF

Zone code

P-D

Property type

Retail properties

Property subtype

Turn key restaurants

APN

33-23-29-7457-00-030

APU

332329745700030

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,241,348

  6.5%

  $2,992,014

  7%

  $2,778,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,829,736

  Geo Method

  $3,829,736

• Alternative Use

  Use

  Valuation

  Residential

  $2,523,876

  Hospitality

  $2,311,856

  Educational

  $1,923,438

  Medical

  $1,989,588

  Retail

  $2,992,014

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.4496

Longitude

-81.4262

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].