1701 N Rock Springs Rd - Restaurant FOR SALE


Apopka, FL 32712
$2,058,000 USD
407-718-0541
1701 N Rock Springs Rd, Apopka, FL for Sale
$2,058,000 USD
Restaurant - FOR SALE
1/10
null | 7% Cap Rate

1701 N Rock Springs Rd
Apopka, FL 32712


OVERVIEW

• True triple net lease structure. • Experienced operator with 6 different locations and a personally guaranteed lease. • 9 years of remaining lease term providing an excellent opportunity for investors looking for an annuity-type investment with minimal landlord responsibility. • Abundant parking with 38 surface spaces giving the asset over a 9/1,000 parking ratio. • The Property has been meticulously maintained and was completely renovated with high-quality upgrades including a new roof and HVAC systems in 2022. • Located in rapidly growing Northeast Apopka near to Wekiwa Springs State Park, a 7,000-acre state park with rivers and natural springs. The park draws in over 324,127 annual visitors. • Dense residential immediately surrounding the Property.

FOR SALE DETAILS

PRICE

$2,058,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Investment Sale - Cielito Lindo Mexican

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

PUD

APN/PARCEL ID

34-2028-9122-00-060

ASK ABOUT THIS PROPERTY

Kim MansonV 3 Commercial AdvisorsMore Info
407-718-0541

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

Kim MansonV 3 Commercial AdvisorsMore Info
407-718-0541

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