1345 Lee Rd | Orlando, FL 32810
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- LoopNet Team
1345 Lee Rd
Orlando, FL 32810
Retail Property For Sale
Investment Highlights
- Triple net (NNN) lease with one year of initial term remaining (plus one, five-year option)
- Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia
- Three points of ingress/egress – one on Lee Rd and two on Goddard Ave
- IHOP has been operating at this location since 1996, and has exercised four option periods so far, showing a strong commitment to the site
- This location benefits from Annual Rent based on six percent of the Gross Annual Sales
- Dedicated left turn lane from Lee Rd to Goddard, providing easy access to the property from all directions
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
4,623 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.82 AC
Zoning
C-1
Parking
51 Spaces (10.95 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 29-2203-0000-00-006 | Improvements Assessment | $1,042,985 |
| Land Assessment | $872,181 | Total Assessment | $1,915,166 |
PROPERTY TAXES
Parcel Number
29-2203-0000-00-006
Land Assessment
$872,181
Improvements Assessment
$1,042,985
Total Assessment
$1,915,166
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