Turnkey Burger King Investment
For Sale
Contact for pricing
6400 N Orange Blossom Trl, Orlando, FL 32810
NNN Burger King on N Orange Blossom Trail, Orlando, FL.
Property Size4,121 SF
Lot Size1.00 Acre
Price / SF$715.03
Days on Market731
Property Features for 6400 N Orange Blossom Trl
General Information
Standard status
Active
Size
4,121 SF
Lot size
1.00 Acre
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$117,865
Building Details
Tenancy
Single
Listing Agency:
One Sotheby's International Realty
(929) 228-9281
Listed By:
Alex Wolak · License #3160633
Source:
Crexi
Added: Aug 21, 2024
Changed: Aug 14
Last Checked: Aug 19 at 10:30PM
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 One Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 4,121 square foot Burger King property is located on N Orange Blossom Trail in Orlando, Florida. Situated on a one-acre lot, the property benefits from high visibility and consistent traffic. Originally constructed in 1987, the building was renovated in 2017 to meet current standards. The site provides 48 parking spaces for customer convenience. Burger King has operated at this location since 1987. The current lease, guaranteed by Burger King Corp, extends through 2029, following the tenant's exercise of two five-year renewal options. The lease includes a 10% rent increase every five years. This NNN investment opportunity offers zero landlord responsibilities.
Key Highlights
- Turnkey NNN investment offers zero landlord responsibilities.
- Corporate‑backed lease guaranteed by Burger King Corp.
- Prime location on N Orange Blossom Trail offers high visibility and steady traffic.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$86,704
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,734,080
$1.7M
Cap Rate 7%
$1,238,629
$1.2M
Cap Rate 9%
$963,378
$963.4K
Market Conditions
NOI Build-Up for 4,121 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$119.7K $29.04/SF
− Vacancy
−$4.1K −$0.99/SF
EGI
$115.6K $28.05/SF
− OpEx
−$28.9K −$7.01/SF
NOI
$86.7K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,734,080
Cap Rate 7%
$1,238,629
Cap Rate 9%
$963,378
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.08M – $1.45M
NOI $86,704 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,926 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 28%
Groceries 7%
Apparel 5%
dd's DISCOUNTS
Shops & Services
20,522 visits/mo
0.4 miles
Dollar Tree
Shops & Services
12,473 visits/mo
0.4 miles
Circle K
Shops & Services
10,839 visits/mo
0.3 miles
Burger King
Dining
10,417 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
7,838 visits/mo
0.4 miles
Demographics for 32810, FL
35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - NNN Burger King on N Orange Blossom Trail, Orlando, FL.
Where is this drive through restaurant located?
The property is located at 6400 N Orange Blossom Trl Orlando, FL.
What is the asking price?
The asking price for this property is $2,946,625.
What are key features of this property?
This property features: Turnkey NNN investment offers zero landlord responsibilities.; Corporate‑backed lease guaranteed by Burger King Corp.; Prime location on N Orange Blossom Trail offers high visibility and steady traffic.
