730 E Altamonte Dr - Restaurant FOR SALE


Altamonte Springs, FL 32701
$3,603,622 USD
407-808-1657
730 E Altamonte Dr, Altamonte Springs, FL for Sale
$3,603,622 USD
Restaurant - FOR SALE
1/11
null | 4.5% Cap Rate

730 E Altamonte Dr
Altamonte Springs, FL 32701


HIGHLIGHTS

  • • Located in a super-regional trade area in proximity to Interstate 4 and US 17-92
  • • Relocation of a long-term successful Panera Bread from a neighboring multi-tenant retail center
  • • Stand alone with drive thru and patio
  • • Part of Shoppes at Altamonte, an infill redevelopment with a stellar line up of highly sought after national retail tenants
  • • High visibility site with over 75,000 vehicles per day passing by on SR 436 and Maitland Ave
  • • Above average household incomes in excess of $108,000 within 3 miles

OVERVIEW

Properties within this portfolio are available separately - see OM for pricing and details. Panera opening February 2025. CBRE’s Net Lease Property Group is pleased to present a rare opportunity to acquire a newly developed trophy single tenant portfolio in one of Central Florida’s strongest retail trade areas. Shoppes at Altamonte is an infill redevelopment project consisting of five single-tenant properties leased to Chipotle, Raising Cane’s, Panera Bread, Starbucks, and First Watch. Featuring a stellar line up of the most sought-after national brands in the country, this exceptional investment offers long-term passive income with strong fixed rent increases, supported by high-quality underlying real estate. Shoppes at Altamonte is prominently positioned on 4.59+ acres with over 675’ of frontage along the densely developed and heavily travelled corridor of E. Altamonte Drive (State Road 436) in Altamonte Springs, just north of Orlando.

FOR SALE DETAILS

PRICE

$3,603,622 USD

PRICE/SF

$940 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera Bread, Shoppes at Altamonte

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.59 AC

LAND SF

199,901 SF

ZONING

C-G

APN/PARCEL ID

12-21-29-5BE-0000-4270

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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