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3060 W Sand Lake Rd

Orlando, FL 32819

$3,900,000

Restaurant For Sale  •  9,678 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 9,678 Sq Ft
  • Lot Size 1.66 ac
  • Building Class B
  • Year Built 1999
  • Cap Rate 6.95 %
  • Tenancy Single
  • Zoning P-D
31 Transit Score
34 Walk Score

Description

Conveniently located on the busy intersection of Sand Lake Rd and John Young Parkway with an excess of 100,000 vehicles passing through each day. The NNN leased, income producing, subject property occupies a 1.66 acre outparcel on the corner of Sand Lake Corners South, a well diversified national tenant power center with the greatest visibility from the main intersections. Its neighboring tenants include a Wal-Mart Superceter, Lowe's Home Improvement Store, Dollar Tree, McDonalds, Wendys, Dunkin Donuts, Denny's and PetSmart to name a few! Sand Lake Corners Shopping Center is strategically located in close proximity to the Florida Turnpike, I-4 and the Florida Mall. South of the Shopping Center, Flagler Development Realty built 8 class A office buildings with a strong corporate tenant mix including some of the largest tourist companies such as Booking. com, Expedia, Sea World Parks, Marriot Vacations Club, BlueGreen Resorts, JetBlue, and Wyndham.

Highlights

NNN Tenant with Zero Landlord Responsibility
Signalized Intersection of John Young Parkway and Sand Lake Rd with Over 100,000 ADT
Below Market Rent
1.75% Annual Increases
Outparcel with Most Visibility in Shopping Center that Includes Walmart, PetSmart, Lowe's, Five Guys, McDonald's, Panda Express, Old Time Pottery and
Located off of Florida's Turnpike near Florida Mall

Financial Summary (Actual)

Net Operating Income: $270,915 (2019)
Cap Rate: 6.95 %

Major Tenants

Tenant SF Occupied Lease End Date
Logans Roadhouse 8,995 SF 9/30/2026

Amenities

  • Bus Line

Public Transportation

AirportDriveWalkDistance
Orlando International Airport 17 min - 8.6 mi
Orlando Sanford Airport 50 min - 35.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 117
Type: Surface
Included in Rent: Yes
Sheila Dreher 305-944-5900 TIR Prime Properties
Sheila Dreher 305-944-5900 TIR Prime Properties