Miller's Ale House | 12175 W Colonial Dr
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Miller's Ale House 12175 W Colonial Dr
7,234 SF Retail Building Winter Garden, FL 34787 $4,374,174 CAD ($605 CAD/SF) 6% Cap Rate
Investment Highlights
- Excellent Location with sales in excess of $7m - 2.7% Rent to Sales
- The lease calls for rental increases of 10% every five years including the option periods.
- Located on West Colonial Drive, Immediately west of FL-429 and North of the Florida Turnpike providing access to nearly 200,000 VPD
- Winter Garden is is located in Florida southwest suburbs and has an affluent customer base, with an average household income of $108,549 within 3 mile
Executive Summary
Passive Ownership Opportunity: Long Term Absolute NNN Ground lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,234 SF
Building Class
B
Year Built
2019
Price
$4,374,174 CAD
Price Per SF
$605 CAD
Cap Rate
6%
NOI
$262,450 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
1.25 AC
Zoning
C-2
PROPERTY TAXES
| Parcel Number | 27-2224-0161-02-000 | Improvements Assessment | $3,297,545 CAD |
| Land Assessment | $1,532,510 CAD | Total Assessment | $4,830,054 CAD |
PROPERTY TAXES
Parcel Number
27-2224-0161-02-000
Land Assessment
$1,532,510 CAD
Improvements Assessment
$3,297,545 CAD
Total Assessment
$4,830,054 CAD
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Connor Shell -
Jordan Koeppel -
Stream Capital Partners
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Miller's Ale House | 12175 W Colonial Dr
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