5808 Cinderlane Pky - Fast Food FOR SALE


Orlando, FL 32810- Rosemont
$3,117,000 USD
502-442-7079
5808 Cinderlane Pky, Orlando, FL for Sale
$3,117,000 USD
Fast Food - FOR SALE
1/7
null | 4.9% Cap Rate

5808 Cinderlane Pky
Orlando, FL 32810
Rosemont


HIGHLIGHTS

  • Brand New 10-Year Sale-Leaseback | Scheduled Rental Increases | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense Retail Corridor | Nearby School and Apartments
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Income

OVERVIEW

• The tenant will enter into a brand new 10-year sale-leaseback at COE with 2 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging inflation • With more than 30,000 restaurants in 150 countries and territories around the world. KFC is a subsidiary of Yum! Brands, Inc. (NYSE: YUM.)

FOR SALE DETAILS

PRICE

$3,117,000 USD

PRICE/SF

$1,057 USD /SF

CAP RATE

4.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | Corp Guaranty | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,666 SF

ZONING

C-2

APN/PARCEL ID

32-2129-7733-00-030

ASK ABOUT THIS PROPERTY

Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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