Restaurant For Sale • 6,968 SF
Over ±9.50 years remaining on the primary term with Six, 5-year options to extend |
The lease includes 1.00% annual rental increases providing an investor with a hedge against inflation and an annually increasing cash flow stream. |
Absolute NNN lease that is perfect for investors seeking a hands off, reliable investment |
Lease guaranteed by Neighborhood Restaurant Partners Florida, LLC, a premier franchise of Applebee’s. The franchise operates 60 units in the state of |
Strategically positioned along International Drive (±27,000 VPD), the Property benefits from having more than 200 total feet of superior frontage. |
Generational real estate located in the heart of the world-renowned tourist hotspot, more than 6,100 hotel rooms surround the Properties within only a |
Cap Rate: | 6.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Sand Lake Road (SunRail - Florida Department of Transportation) | 14 min | - | 7.9 mi |
Orlando Health/Amtrak (SunRail - Florida Department of Transportation) | 13 min | - | 7.9 mi |
Airport | Drive | Walk | Distance |
Orlando International | 21 min | - | 12.1 mi |
Orlando Sanford International | 46 min | - | 35.1 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 70 |
Type: | Surface |
Included in Rent: | Yes |