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720 E Altamonte Dr
Altamonte Springs, FL 32701

$4,382,857 USD

Restaurant For Sale  •  3,900 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,900 SF
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.25 %
  • Tenancy Single
32 Transit Score
50 Walk Score

Highlights

• Located in a super-regional trade area in proximity to Interstate 4 and US 17-92
• New corporate First Watch NNN lease
• Fixed rent increases at 10% every 5 years including options
• Part of Shoppes at Altamonte, an infill redevelopment with a stellar line up of highly sought after national retail tenants
• High visibility site with over 75,000 vehicles per day passing by on SR 436 and Maitland Ave
• Surrounded and supported by over 91,000 residents and over 82,000 daytime employees within 3 miles

Property Flyers

Cap Rate: 5.25 %

Major Tenants

Tenant SF Occupied Lease End Date
First Watch 3,900 SF

Public Transportation

Commuter RailDriveWalkDistance
Altamonte Springs (SunRail - Florida Department of Transportation) 2 min 11 min 0.6 mi
Maitland (SunRail - Florida Department of Transportation) 6 min - 3.0 mi
AirportDriveWalkDistance
Orlando Sanford International 24 min - 13.2 mi
Orlando International 31 min - 18.3 mi
Ray Romano 407-404-5022 CBRE, Inc.
Ray Romano 407-404-5022 CBRE, Inc.