3060 W Sand Lake Rd, Orlando, FL
Retail for Sale - $4,440,200 - 9,678 Sq. Ft. on 1.64 acres
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Property Info
CIMLS# | 952533 |
Location 3060 W Sand Lake Rd Orlando FL 32819 | |
Updated | January 19th, 2018 |
Type | Retail |
Price | $4,440,200 |
Building | 9,678 Sq. Ft. |
Land | 1.64 acres |
Property Description
TIR Prime Properties is pleased to present investors with the opportunity to acquire a well positioned, absolute NNN leased property with zero landlord responsibility. Located in a prime tourist corridor in Orlando FL, Logan's Roadhouse has been operating at 3060 W Sand Lake Rd since 2006 with 8+ years remaining on the lease, annual increases, and one (1) five (5) year option. Logan's presents strong annual sales and steady income stream. Occupying 1.64 acres, the property sits on the most visible outparcel of a power center with the majority of tenants being national credit tenants. The property presents tremendous upside for the new owner due to the current below market rent.
Location Description:
Conveniently located on the busy intersection of Sand Lake Rd and John Young Parkway with an excess of 100,000 passing through each day. The outparcel occupies the corner of a well diversified national tenant occupied power center with the greatest visibility from the main intersections. Its neighboring tenants include a Wal-Mart Superceter, Lowe's Home Improvement Store, Dollar Tree, McDonalds, Wendys, Dunkin Donuts, Denny's and PetSmart to name a few! Sand Lake Corners Shopping Center is strategically located in close proximity to the Florida Turnpike, I-4 and the Florida Mall.
Highlights:
>> NNN Tenant with Zero Landlord Responsibility
>> Corporate Guarantee
>> Signalized Intersection of John Young Parkway and Sand Lake Rd with over 100,000 ADT
>> Below Market Rents
>> Annual Increases
>> Outparcel with Most Visibility in Shopping Center that Includes Walmart, PetSmart, Lowe's, Five Guys, McDonald's, Panda Express, Old Time Pottery and Many More
>> Located off of Florida's Turnpike near Florida Mall
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