845 S Orange Blossom Trl - Restaurant FOR SALE


Apopka, FL 32703
$1,952,000 USD
772-539-1153
845 S Orange Blossom Trl, Apopka, FL for Sale
$1,952,000 USD
Restaurant - FOR SALE
1/6
null | 6.25% Cap Rate

845 S Orange Blossom Trl
Apopka, FL 32703


HIGHLIGHTS

  • Attractive Rent Increases
  • Minimal Landlord Responsibilities
  • Dynamic Tenant
  • Strategic Retail Location
  • Desirable Location
  • Excellent Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding single tenant Charleys investment property located at 845 S Orange Blossom Trail in Apopka, Florida (the “Property”). Charleys has 8+ years remaining on its double-net lease with three (3), 5-year renewal options. The lease features attractive 3% annual rent increases throughout the primary lease term and each of the renewal options. Charleys is situated in an excellent location along S Orange Blossom Trail (US Route 441), the area’s primary commercial and commuter corridor. The Property is a pad site to Apopka Land Shopping Center, a Big Lots, Badcock Home Furniture, and Home Outlet, anchored center and is surrounded by national retailers and restaurants and densely developed residential neighborhoods that drive traffic to the area and provide a built-in customer base. Charleys offers convenient access to the area’s major roadways and Interstate 4, is close to area schools, and is 4-miles from the new AdventHealth Apopka Hospital. Apopka is approximately 12.5-miles northwest of Orlando, FL.

FOR SALE DETAILS

PRICE

$1,952,000 USD

PRICE/SF

$1,015 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charleys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,783 SF

ZONING

-

APN/PARCEL ID

28-2111-0206-00-070

ASK ABOUT THIS PROPERTY

Charles MoodyHorvath & TremblayMore Info
772-539-1153

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Charles MoodyHorvath & TremblayMore Info
772-539-1153

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