5170 W Irlo Bronson Memorial Hwy - Restaurant FOR SALE


Kissimmee, FL 34746- North Kissimmee
$4,976,000 USD
510-289-1166
5170 W Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$4,976,000 USD
Restaurant - FOR SALE
1/4
null | 6% Cap Rate

5170 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34746
North Kissimmee


HIGHLIGHTS

  • Absolute NNN Corporate Lease to Perkins with Scheduled Rent Increases - Approx. 4.5 Years Remaining
  • Upside Potential with Tenant Paying Percentage Rent
  • Perkins has Operated at the Site for Over 40 Years - Exercised 5-Year Renewal, Showing their Commitment to the Site
  • Signalized, Hard-Corner Location at Highly Trafficked Intersection (66,500 ADT) with Strong Ingress/Egress & Prominent Signage
  • Strong Customer Base Supported by Residential Growth & Major Tourism Demand - ~4 Miles from Walt Disney World
  • Greater Orlando Population Exceeds 2.6 Million - Global Tourism Hub, Attracting 75M+ Visitors Annually

OVERVIEW

Absolute NNN corporate lease to an established Perkins location in Kissimmee, Florida, situated just 4 miles from Walt Disney World.? The property benefits from a signalized hard-corner location with prominent signage in the heart of a global tourism hub that attracts more than 75 million visitors annually.? The Kissimmee submarket also remains one of the most active multifamily growth corridors in Central Florida, with an annual population growth rate of approximately 2.5% within a five-mile radius of the subject property.? The site is supported by a strong customer base driven by both residential expansion and sustained tourism demand.? Kissimmee further benefits from close proximity to Orlando, Walt Disney World, Universal Orlando Resort, SeaWorld, and numerous other family-oriented attractions.? In Association with ParaSell, Inc.? | A Licensed Florida Broker #CQ1059597

FOR SALE DETAILS

PRICE

$4,976,000 USD

PRICE/SF

$853 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Perkins

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

OCT, County

APN/PARCEL ID

11-25-28-3217-0001-0020

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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