Absolute NNN Leased
For Sale
Contact for pricing
541 W State Road 436, Altamonte Springs, FL 32714
Freestanding asset with a corporate-guaranteed lease and no landlord responsibilities.
Property SizeContact for details
Days on Market144
Property Features for 541 W State Road 436
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Walseth Investment Company
Listed By:
Michael Walseth · License #CA 01405081
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:05AM
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 Walseth Investment Company
Investment Insights
Based on property information with market context.
The offering includes the land ownership interest in a freestanding Chuck E. Cheese property at 541 W. State Road 436 in Altamonte Springs. CEC Entertainment, Inc. is expected to execute a new 20-year absolute NNN lease at closing, backed by a corporate guarantee and structured without landlord obligations. The agreement provides four 5-year renewal options, with 10% rent increases every 5 years during the initial term and at each option commencement.
The property sits along State Highway 436, where traffic averages 50,000 vehicles per day, and is less than 1 mile west of Interstate 4, which carries 140,000 VPD. A pylon sign serves the site. The surrounding retail corridor includes Altamonte Mall, West Town Corner, Altamonte Crossings, and Renaissance Centre, with national retailers nearby. AdventHealth Altamonte Springs is less than 2 miles away.
The property sits along State Highway 436, where traffic averages 50,000 vehicles per day, and is less than 1 mile west of Interstate 4, which carries 140,000 VPD. A pylon sign serves the site. The surrounding retail corridor includes Altamonte Mall, West Town Corner, Altamonte Crossings, and Renaissance Centre, with national retailers nearby. AdventHealth Altamonte Springs is less than 2 miles away.
Key Highlights
- 20‑year absolute NNN lease planned at closing with 4 (5‑year) extension options
- 10% rental increases every 5 years during the initial term and each option period
- Corporate‑guaranteed lease with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
Demographics for 32714, FL
38,049
Population
16,722
Households
2.3
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,476
Density / Sq Mi
$67,333
Median Household Income
$39,714
Median Earnings
$1,641
Median Rent
$292,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding asset with a corporate-guaranteed lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 541 W State Road 436 Altamonte Springs, FL.
What are key features of this property?
This property features: 20‑year absolute NNN lease planned at closing with 4 (5‑year) extension options; 10% rental increases every 5 years during the initial term and each option period; Corporate‑guaranteed lease with zero landlord responsibilities
