780 E Altamonte Dr Altamonte Springs, FL 32701
CBRE’s Net Lease Property Group is pleased to present a rare opportunity to acquire a newly developed trophy single-tenant property in one of Central Florida’s strongest retail trade areas. Raising Cane’s is located at the Shoppes at Altamonte, an infill redevelopment project consisting of a stellar line up of highly sought after national tenants. Chipotle, Panera Bread, Starbucks, and First Watch are also now open and operating at this project. This exceptional investment offers long-term passive income with strong fixed rent increases, supported by high-quality underlying real estate. Raising Cane’s is prominently positioned along the densely developed and heavily traveled corridor of E. Altamonte Drive (State Road 436) in Altamonte Springs, just north of Orlando. Shoppes at Altamonte is prominently positioned on 4.59+ acres with over 675’ of frontage along the densely developed and heavily travelled corridor of E. Altamonte Drive (State Road 436) in Altamonte Springs, just north of Orlando.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
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Costs & Benchmarks
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Risks
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