4799 W Irlo Bronson Memorial Hwy - Fast Food FOR SALE


Kissimmee, FL 34746- North Kissimmee
$3,738,000 USD
480-221-4221
4799 W Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$3,738,000 USD
Fast Food - FOR SALE
1/6
null | 5.15% Cap Rate

4799 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34746
North Kissimmee


HIGHLIGHTS

  • Brand New 20-Year Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Outparcel To Target (177,000+ SF) | Primary Retail Corridor |Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Bojangles investment property located in Kissimmee, Florida. The tenant, Bojangles, recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,738,000 USD

PRICE/SF

$1,529 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles | New 20yr Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,790 SF

ZONING

Commercial

APN/PARCEL ID

12-25-28-5094-0001-0000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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