12801 Narcoossee Rd - Restaurant FOR SALE


Orlando, FL 32832- Lake Nona
$3,960,000 USD
954-302-7365
12801 Narcoossee Rd, Orlando, FL for Sale
$3,960,000 USD
Restaurant - FOR SALE
1/11
null | 3.75% Cap Rate

12801 Narcoossee Rd
Orlando, FL 32832
Lake Nona


HIGHLIGHTS

  • 10 Years Remaining | Options To Extend | Scheduled Rent Increases | Best in Class QSR Operator
  • Abs. NNN Ground Lease | Land Ownership | No State Income Tax | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Lake Nona High School |Part of Larger Center

OVERVIEW

• Chick-fil-A has 10 years remaining on their lease with 8 (5-year) options to extend • The lease features 10% rent increases every 5 years including options • Chick-fil-A, Inc. is the third largest quick-service restaurant in the United States with more than 200,000 Team Members are employed by local Owner-Operators in more than 3,000 restaurants across the United States, Canada, and Puerto Rico

FOR SALE DETAILS

PRICE

$3,960,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A - Lake Nona FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

PD

APN/PARCEL ID

20-2431-9024-01-000

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.