6400 Orange Blossom Trl Lockhart, FL 32810
- Turn key restaurants
- 4,121 SF
- 1.45 lot acres
Current Use by Public Records
- Burger King / Restaurant / Fast Food Restaurant
Property Details for 6400 Orange Blossom Trl
- Year built
- 1987
- Lot size
- 1.45 lot acres
- Property size
- 4,121 SF
- Zone code
- C-1
- Property type
- Turn key restaurants
- APN
- 32-21-29-0000-00-015
- APU
- 322129000000015
Description
This exceptional investment opportunity presents a 4,121 square foot Burger King restaurant situated on a 1.45-acre lot at 6400 N Orange Blossom Trl, Orlando, FL 32810. The property, originally constructed in 1987 and significantly renovated in 2017, boasts a strong financial profile with a 3.00% cap rate and a net operating income (NOI) of $117,865. The asking price is $3,928,833, translating to a price per square foot of $953.37. The property features ample parking for 48 vehicles. The lease is a triple-net (NNN) agreement with a corporate guarantee from Burger King Corporation, ensuring minimal landlord responsibilities. The current lease term extends to August 31, 2029 (4.8 years remaining), with four additional five-year renewal options. Rent increases by 10% every five years, providing built-in growth potential. The property's location on the busy N Orange Blossom Trail in Orlando offers high visibility and consistent traffic, contributing to its strong performance and long-term stability. This turnkey investment is ideal for those seeking a low-maintenance, high-return asset in a thriving market. The 100% occupancy rate further underscores the property's desirability and financial strength.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.4345
- Latitude
- 28.6133
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA