3060 Sand Lk Rd Orlando, FL 32819-9026
- Turn key restaurants
- 9,678 SF
- 1.64 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3060 Sand Lk Rd
- Year built
- 1999
- Lot size
- 1.64 lot acres
- Property size
- 9,678 SF
- Zone code
- P-D
- Property type
- Turn key restaurants
- APN
- 33-23-29-7457-00-030
- APU
- 332329745700030
Description
This exceptional investment opportunity presents a fee-simple, 8,000-square-foot restaurant located at 3060 W Sand Lake Rd, Orlando, FL 32819. The property, built in 1999 and renovated in 2024, sits on a 1.64-acre lot in a high-traffic tourist corridor, just blocks from the upcoming Epic Universe theme park. Currently vacant, this single-tenant, absolute NNN leased property offers a stabilized investment with a remaining lease term of 10 years, expiring December 31, 2033. The lease includes annual rent bumps of 3%, ensuring consistent income growth. The property boasts a strong NOI of $255,996, resulting in a 7.01% cap rate and a price per square foot of $456.25. With 117 parking spaces and a permitted P-D zoning, this property offers significant upside potential. The asking price is $3,650,000. This is a rare opportunity to acquire a well-located, stabilized restaurant property in one of Orlando's most dynamic areas. The property features a single story building and is zoned for commercial use. The lease is an absolute NNN lease, meaning the tenant is responsible for all property expenses, minimizing landlord responsibilities. The property's prominent location within a power center outparcel ensures high visibility and accessibility.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
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Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.4262
- Latitude
- 28.4496
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
