Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
P-D · Orlando, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for P-D in Orlando, FL.
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