Miller's Ale House Ground
For Sale
Contact for pricing
Pending
16428 New Independence Pkwy, Winter Garden, FL 34787
NNN leased investment opportunity in Winter Garden, Florida.
Property Size7,300 SF
Lot Size2.35 Acres
Days on Market197
Property Features for 16428 New Independence Pkwy
General Information
Standard status
Pending
Size
7,300 SF
Total Parking Spaces
137
Lot size
2.35 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$285,000
Building Details
Year Built
2022
Units
1
Tenancy
Single
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Brian Pfohl · License #GA 349355
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Jul 30 at 4:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
This property features a 7,300 square foot Miller’s Ale House ground lease on 2.35 acres in Winter Garden, Florida, an affluent community within the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. The lease, which commenced in 2022, has approximately 11.9 years remaining and includes 10% rent increases scheduled for 2027, 2032, and each of the three 5-year renewal options. The property is an outparcel to Hamlin Town Center, a community shopping center in Horizon West. Hamlin Town Center has been developed in phases since 2017 and is anchored by a 53,785 square foot Publix grocery store, Urban Air, and a TJ Maxx scheduled to open in March 2026. The center includes a mix of restaurants, banks, medical facilities, and service providers. Hamlin Town Center is part of a retail area that includes a Walmart Supercenter, Cinepolis, PopStroke, and future locations for Lowe’s and Life Time Fitness.
Key Highlights
- NNN Ground Lease with approximately 11.9 years remaining.
- Located in Winter Garden, FL, an affluent community within the Orlando‑Kissimmee‑Sanford MSA.
- Lease commenced in 2022 with 10% rent increases in 2027, 2032, and each of the three 5‑year renewal options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34787, FL
88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - NNN leased investment opportunity in Winter Garden, Florida.
Where is this bar & pub located?
The property is located at 16428 New Independence Pkwy Winter Garden, FL.
What is the asking price?
The asking price for this property is $5,428,600.
What are key features of this property?
This property features: NNN Ground Lease with approximately 11.9 years remaining.; Located in Winter Garden, FL, an affluent community within the Orlando‑Kissimmee‑Sanford MSA.; Lease commenced in 2022 with 10% rent increases in 2027, 2032, and each of the three 5‑year renewal options.
