13536 John Young Pkwy Orlando, FL 32837-7678

Property Details for 13536 John Young Pkwy

Year built

2006

Lot size

0.38 lot acres

Property size

10,419 SF

Zone code

P-D

Property type

Turn key restaurants

APN

29-24-29-3208-00-011

APU

292429320800011

Description

This exceptional investment opportunity presents a 10,416-square-foot Miller's Ale House in Orlando, Florida. Built in 2006, this single-story building sits on a 0.38-acre lot and operates under an absolute NNN lease with a corporate guarantee, offering significant investor protection. The lease features a 6.74% cap rate and a strong NOI of $488,432, with 2% annual rental increases built into the base term and three 5-year renewal options. The property boasts a prime location as an outparcel to The Village at Hunter's Creek, a Class-A shopping center in a densely populated residential area. This high-visibility site benefits from exceptional traffic counts on SR-417 (75,500 vehicles daily) and S John Young Pkwy (63,000 vehicles daily), providing excellent access and exposure. The surrounding area includes numerous nationally recognized tenants, further enhancing the property's desirability. Its proximity to major attractions like Disney World (10 miles) and other theme parks contributes to a robust and growing customer base. The strong demographics, including a daytime population exceeding 255,100 within a 5-mile radius and average household incomes exceeding $107,000 within 1 mile, underscore the long-term potential of this investment. The Orlando metro area's projected population growth further solidifies this property's value. This is a fee simple ownership opportunity with a proven tenant and exceptional location. The asking price is $7,250,000, representing a price per square foot of $696.04.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.4265

Latitude

28.3683

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments