Individually Owned Property summary
This exceptional investment opportunity presents a newly built, 3,900 square foot First Watch restaurant located at 720 E Altamonte Dr, Altamonte Springs, FL 32701. The property boasts a prime location in a high-traffic area with excellent visibility on SR 436, benefiting from over 75,000 vehicles daily. This Class A, fee-simple asset features a 10-year absolute NNN lease with a corporate guarantee, commencing December 16, 2024, and expiring January 1, 2035. The lease includes a 10% rent… increase every five years, ensuring consistent income growth. The property's strong financial performance is reflected in its 5.25% cap rate and a Net Operating Income (NOI) of $230,100. Situated within the Shoppes at Altamonte, an infill redevelopment project, this First Watch location benefits from the synergy of other high-profile national tenants. The surrounding area boasts a dense population with above-average household incomes, further enhancing the investment's appeal. The property's proximity to major roadways, including Interstate 4 and US 17-92, and its adjacency to AdventHealth Altamonte Springs hospital campus and Altamonte Mall, contribute to its exceptional location and strong tenant demographics. This is a rare opportunity to acquire a high-performing, passively managed investment with significant long-term growth potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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