11915 E Colonial Dr - Restaurant FOR SALE


Oakland, FL 32826
$3,482,945 USD
602-625-8338
11915 E Colonial Dr, Oakland, FL for Sale
$3,482,945 USD
Restaurant - FOR SALE
1/8
null | 5.5% Cap Rate

11915 E Colonial Dr
Oakland, FL 32826


HIGHLIGHTS

  • Absolute NNN leases - Denny’s lease expires on July 25, 2036 (with ±11 years remaining) and Twistee Treat lease expires April 18, 2027.
  • Orlando-Kissimmee-Sanford metropolitan area with an estimated population of ±2.8M as of 2023.
  • Nearly 46,000 vehicles per day in front of the site.
  • Florida is an income tax-free State.
  • 2 miles from the University of Central Florida with nearly 70,000 students.

OVERVIEW

Retail Investment Group is pleased to offer this unique opportunity. Two buildings on one large ±1.44-acre parcel, Denny’s & Twistee Treat in Orlando, Florida. Built in 1990, this is a very well seasoned Denny’s that has 35 years of operating history at this location. Twistee Treat is a free standing building that was built in 2012. Broker of Record: Brian Brockman - Broker Lic: BK3327646 Bang Realty-Naples, Inc 513.898.1551 bor@bangrealty.com

FOR SALE DETAILS

PRICE

$3,482,945 USD

PRICE/SF

$796 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's & Twistee Treat

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

C-1, Orange County

APN/PARCEL ID

22-2231-0058-00-060

ASK ABOUT THIS PROPERTY

Steven DavisRetail Investment Group, LLCMore Info
602-625-8338

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Steven DavisRetail Investment Group, LLCMore Info
602-625-8338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.