7350 Lk Underhill Rd Orlando, FL 32822-6055

This exceptional investment opportunity presents a fee-simple interest in a freestanding Regions Bank branch located at 7350 Lake Underhill Rd, Orlando, FL 32822. Built in 2004 as a build-to-suit, this 3,820 square foot retail property sits on a 1.15-acre lot and boasts a 6.90% cap rate with a current NOI of $250,000. The property benefits from a credit-rated, corporate guarantee from Regions Bank (S&P: BBB+), providing secure, long-term cash flow. The lease has 5.1 years remaining with three 5-year renewal options, and there are zero landlord responsibilities. Strategically located 5 miles east of Downtown Orlando, this hard-corner location enjoys high visibility and traffic, exceeding 164,500 vehicles per day. The surrounding area is a thriving commercial corridor with numerous restaurants, hotels, and national retailers, further enhancing the property's value. Proximity to AdventHealth East Orlando hospital, a major medical facility, adds to the desirability of this location. The area has experienced significant population growth (13.2% in the past decade) and boasts an average household income exceeding $91,000 within a five-mile radius. Regions Bank's strong performance, with over 91% deposit growth since 2018, underscores the investment's stability. This rare opportunity offers investors a secure, high-yield asset in a prime Orlando location. The property's strong fundamentals and tenant creditworthiness make it an attractive addition to any portfolio.