1345 Lee Rd - Drug Store FOR SALE
Orlando, FL 32810 |
1345 Lee Rd
Orlando, FL 32810
HIGHLIGHTS
- Triple net (NNN) lease with one year of initial term remaining (plus one, five-year option)
- IHOP has been operating at this location since 1996, and has exercised four option periods so far, showing a strong commitment to the site
- Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia
- This location benefits from Annual Rent based on six percent of the Gross Annual Sales
- Three points of ingress/egress – one on Lee Rd and two on Goddard Ave
- Dedicated left turn lane from Lee Rd to Goddard, providing easy access to the property from all directions
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
4623
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
51
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
03-2229-0000-00-006
