12175 Colonial Dr Winter Garden, FL 34787-4140
Exceptional investment opportunity in Winter Garden, Florida, presents a 7,234 square foot Miller's Ale House situated on a 1.22-acre lot at 12175 W Colonial Dr, 34787. This single-tenant, net lease property boasts a strong 6.00% cap rate and a substantial NOI of $186,850, reflecting a robust annual rent of $3,114,000. The property benefits from a corporate guarantee, ensuring financial stability. The lease is structured as a long-term absolute NNN ground lease with built-in rent bumps of 10% every five years, providing consistent income growth. Four, five-year lease options further enhance the investment's longevity. This prime location on West Colonial Drive, near FL-429 and the Florida Turnpike, enjoys high visibility and accessibility, with over 200,000 vehicles passing daily. The affluent Winter Garden community, part of the Orlando metropolitan area, offers an average household income exceeding $108,549 within a three-mile radius, supporting the restaurant's impressive sales exceeding $7 million and a low 2.7% rent-to-sales ratio. This passive ownership opportunity presents a compelling combination of strong financial performance, secure tenancy, and significant long-term growth potential. 100% occupancy ensures immediate cash flow.
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Miller's Ale House Bar & Pub
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To Go Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Winter Garden, FLWinter Garden. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.