15899 New Independence Pky - Convenience Store FOR SALE


Winter Garden, FL 34787- Summerlake
$5,375,000 USD
602-687-6650
15899 New Independence Pky, Winter Garden, FL for Sale
$5,375,000 USD
Convenience Store - FOR SALE
1/5
null | 4% Cap Rate

15899 New Independence Pky
Winter Garden, FL 34787
Summerlake


HIGHLIGHTS

  • New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty
  • 10% Rental Increases Every 5 Years
  • High-Quality 2023 Construction with a Dual Lane Drive-Thru
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 16.21% within 1 Mile by 2028
  • Average Household Income Exceeds $102,000 in the Immediate Area
  • 383,115 Residents within a 5-Mile Radius - Orlando MSA

OVERVIEW

Chick-fil-A, Inc. is an Atlanta-based, family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. The Company has steadily grown to become the largest quick service chicken restaurant chain in the United States, based on domestic annual sales, with nearly 2,700 locations in 47 states and the District of Columbia. Hamlin is the town center of Horizon West, a 21,000-acre master planned community that has experienced over 234% population growth from 2013 to 2022, making it one of the fastest-growing communities in the U.S. It comprises five residential villages, carefully designed to ensure residents are within close proximity to schools, public parks, trails, and other amenities.

FOR SALE DETAILS

PRICE

$5,375,000 USD

PRICE/SF

$1,075 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

PD/UNP

APN/PARCEL ID

21-2327-2719-01-004

ASK ABOUT THIS PROPERTY

Zack HouseMarcus & MillichapMore Info
602-687-6650

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Zack HouseMarcus & MillichapMore Info
602-687-6650

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