Northern Tool Absolute NNN
For Sale
$5,600,000
795 Sand Lake Road, Orlando, FL 32809
Absolute NNN leased retail property with Northern Tool and 5+ years remaining on the lease term.
Property SizeContact for details
Days on Market14
Property Features for 795 Sand Lake Road
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
47,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | Salt Lake City
(714) 928-8016
Listed By:
Gary Chou
(714) 928-8016
Source:
Srsre
Added: Jul 24
Changed: Jul 25
Last Checked: Aug 5 at 3:56AM
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 SRS Real Estate Partners | Salt Lake City
Investment Insights
Based on property information with market context.
SRS National Net Lease is pleased to offer the fee simple interest (land and building ownership) in an absolute NNN leased Northern Tool + Equipment investment property. Northern Tool & Equipment Company, Inc. has operated at the site since 2006, and the tenant executed a Second Amendment in early 2021 extending the lease through 10/31/31, with approximately 5.3 years remaining. The lease is described as absolute NNN with no landlord responsibilities, and the tenant pays for CAM, taxes, insurance, and maintains the premises.
The property is positioned along Sand Lake Road/State Highway 482 and features pylon signage with two access points via Sand Lake Road and Voltaire Drive. It is immediately adjacent to an ALDI and 7-Eleven location and directly across from the Target- and Lowe’s-anchored Terrace center.
The tenant has invested in significant capital improvements, including a full roof replacement backed by a 20-year, no-dollar-limit warranty that transfers to a new owner free of charge. Tenant rent is stated as $13.69/SF, and the offering materials cite market rent of $25–$26/SF, according to CoStar.
The property is positioned along Sand Lake Road/State Highway 482 and features pylon signage with two access points via Sand Lake Road and Voltaire Drive. It is immediately adjacent to an ALDI and 7-Eleven location and directly across from the Target- and Lowe’s-anchored Terrace center.
The tenant has invested in significant capital improvements, including a full roof replacement backed by a 20-year, no-dollar-limit warranty that transfers to a new owner free of charge. Tenant rent is stated as $13.69/SF, and the offering materials cite market rent of $25–$26/SF, according to CoStar.
Key Highlights
- 2006‑built Northern Tool + Equipment investment property offered in fee simple (land & building) with an absolute NNN lease
- Tenant has 5+ years remaining: lease extended via Second Amendment in early 2021 through 10/31/31 (~5.3 years remaining)
- Tenant responsibilities: Northern Tool pays CAM, taxes, insurance, and maintains all aspects of the premises; no landlord responsibilities
Property Analytics
Current Use
Lease Details
47,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 36%
Apparel 25%
Chick-fil-A
Dining
33,835 visits/mo
0.3 miles
Burlington
Apparel
32,748 visits/mo
0.4 miles
Chase Bank
Shops & Services
13,409 visits/mo
0.3 miles
Wells Fargo
Shops & Services
12,523 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
10,837 visits/mo
0.5 miles
Demographics for 32809, FL
29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN leased retail property with Northern Tool and 5+ years remaining on the lease term.
Where is this nnn property located?
The property is located at 795 Sand Lake Road Orlando, FL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 2006‑built Northern Tool + Equipment investment property offered in fee simple (land & building) with an absolute NNN lease; Tenant has 5+ years remaining: lease extended via Second Amendment in early 2021 through 10/31/31 (~5.3 years remaining); Tenant responsibilities: Northern Tool pays CAM, taxes, insurance, and maintains all aspects of the premises; no landlord responsibilities
