3315 Us-17-92 Hwy - Restaurant FOR SALE


Casselberry, FL 32707
$3,549,848 USD
3315 Us-17-92 Hwy, Casselberry, FL for Sale
$3,549,848 USD
Restaurant - FOR SALE
1/6
null | 6.6% Cap Rate

3315 Us-17-92 Hwy
Casselberry, FL 32707


HIGHLIGHTS

  • Positioned within the Orlando MSA – Ranked #21 in the United States for population size
  • Publix outparcel
  • Established operating history since 2013
  • Experienced Applebee’s franchisee with over 100 locations
  • Located along US Highway 17-92 (53,000 VPD) & proximity to Semoran Blvd (69,500 VPD)
  • Six-?gure average household income within ?ve miles ($113,270)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Applebee’s property positioned within the Orlando MSA in Casselberry, Florida. Applebee’s has successfully operated at this location since 2013 on a lease through October 2033. The subject lease is absolute triple net and features no landlord responsibilities. There are 1% annual rental escalations throughout the primary term and six 5-year renewal options. The franchisee, Neighborhood Restaurant Partners, is an established tenant that operates over 100 restaurant locations across Florida, Georgia, and Alabama. The 5,333 square-foot building is situated on an outparcel of a Publix-anchored shopping center. The property bene?ts from visibility along US Highway 17-92, which sees over 53,000 vehicles per day, and is also within proximity to Semoran Boulevard, with a traffic count of 69,500 vehicles per day. Nearby retails that draw continual traffic through the corridor include The Home Depot, Target, Publix, Starbucks, Wawa, Culver’s, PetSmart, Truist Bank, and many others. The property is also less than a few minutes from Lyman High School which has over 2,000 students enrolled. The population with a ?ve-mile radius includes over 277,000 people and a six-?gure average household income of $113,270. Applebee’s is a leading American casual dining restaurant chain owned by Dine Brands Global, Inc. (NYSE: DIN). Founded in 1980 in Decatur, Georgia, by Bill and T.J. Palmer, Applebee’s has grown into one of the largest full-service restaurant brands in the United States and internationally. As of 2025, the brand operates over 1,500 locations across the U.S. and in various global markets, primarily through a franchise model.

FOR SALE DETAILS

PRICE

$3,549,848 USD

PRICE/SF

$666 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's (Publix Outparcel)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

116

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,495 SF

ZONING

CG

APN/PARCEL ID

08-21-30-527-0000-0010

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info

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Randy BlanksteinThe Boulder GroupMore Info

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