13645 Colonial Dr Orlando, FL 32826

This offering presents a fee-simple interest in a newly constructed (2024) Pollo Campero quick-service restaurant located at 13645 E Colonial Dr, Orlando, FL 32826. The property boasts a 15-year absolute NNN ground lease with a corporate guarantee, commencing May 17, 2024, and expiring June 1, 2039. Rent increases of 10% every five years ensure a growing income stream. The 2,520 square foot building sits on a 0.94-acre lot and includes a drive-thru and 31 parking spaces. The property enjoys 100% occupancy and generates a Net Operating Income (NOI) of $135,000, representing a 5.00% cap rate on the $2,700,000 asking price. Situated on a major retail corridor with over 56,000 vehicles per day, the location benefits from high visibility and accessibility. The surrounding area features strong demographics, including a population exceeding 209,000 within a five-mile radius and an average household income over $97,000. Nearby amenities include a new 296-unit apartment complex, Starbucks, and other major retailers such as Winn-Dixie, CVS, and Walgreens. Its proximity to the University of Central Florida (UCF) and the Central Florida Research Park further enhances its appeal. The property is zoned for Planned Development and has a total of one, single-story building. The APN is 23-22-31-1538-01-000. This investment offers long-term security and significant upside potential in a thriving Orlando market.