7024 International Dr - Freestanding FOR SALE


Orlando, FL 32819- Universal
$13,000,000 USD
708-289-8115
7024 International Dr, Orlando, FL for Sale
$13,000,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

7024 International Dr
Orlando, FL 32819
Universal


HIGHLIGHTS

  • Plaza at 7052 has a 2.17-year WALT, offering value-add potential at lease expiry through tenant replacement or significant rent increases for below-ma
  • K9 Resorts & Pizza Hut have new 10-year NNN leases with 3% annual increases, two 5-year options, and no landlord responsibilities. Recent property imp
  • Pizza Hut has been a long-term tenant in the space for 47 years! The lease is guaranteed by CFL Pizza, LLC or Celebration Restaurant Group, which owns
  • Located in a prime tourist area, the Properties are surrounded by over 6,100 hotel rooms within a half-mile radius, attracting nearly 50,000 visitors

OVERVIEW

JLL Capital Markets has been exclusively retained to arrange the sale of the Strip Center at 7024-7060 International Drive, K9 Resorts & Pizza Hut. The portfolio totals 32,677 square feet located on 3.88 total acres in Orlando, Florida (the "Properties") Advantageously located in the heart of the International Drive corridor, the properties affords a rare opportunity in the enticing and highly sought-after Tourist Corridor of the Orlando retail market. The subject properties are located on International Drive, one of the most dense retail and hospitality corridors in the entire state of Florida and the greater United States, where most tenants are generally top performing locations for their respective chains. Located on the northwest corner of I-Drive & Carrier Drive, the subject property is located in the heart of the International Drive corridor, surrounded by major hospitality, multifamily and retail redevelopments.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut, K9 Resorts & Plaza at 7052

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

3.88 AC

LAND SF

169,013 SF

ZONING

C-1

APN/PARCEL ID

28-2325-0000-00-029

ASK ABOUT THIS PROPERTY

John KrzyminskiGreen Towers RealtyMore Info
708-289-8115

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John KrzyminskiGreen Towers RealtyMore Info
708-289-8115

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