Popeyes 1035 Lee Rd
2,268 SF Retail Building Orlando, FL 32810 $3,323,968 CAD ($1,465.59 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Freestanding location with drive-thru
- Across the street from Walmart Neighborhood Market, the center’s tenants include Dollar Tree, Grainger and Planet Fitness
- Strong demographics with nearly 80,000 residents within 3 miles
- Absolute NNN lease with ZERO landlord responsibilities
- Located right off of Interstate 4 with over 185,000 vehicles per day
EXECUTIVE SUMMARY
Retail Investment Group is pleased to present for sale this Popeyes in Orlando, Florida. This opportunity features a long-term Absolute NNN lease with over 9 years remaining. This ±2,268 square foot building sits on a large ±1.47 acre parcel and was built in 2014.
Broker of Record: Brian Brockman - Broker,
Lic: BK3327646,
Bang Realty-Naples, Inc,
513.898.1551,
bor@bangrealty.com
Broker of Record: Brian Brockman - Broker,
Lic: BK3327646,
Bang Realty-Naples, Inc,
513.898.1551,
bor@bangrealty.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,268 SF
Building Class
B
Year Built
2014
Price
$3,323,968 CAD
Price Per SF
$1,465.59 CAD
Cap Rate
6%
NOI
$199,438 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.47 AC
Opportunity Zone
Yes
Zoning
C-1
Frontage
113’ on Lee Rd.
AMENITIES
- Signage
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-2229-0000-00-054 | Improvements Assessment | $1,042,404 CAD |
| Land Assessment | $689,782 CAD | Total Assessment | $1,732,186 CAD |
