OVERVIEW
Surmount is pleased to present the exclusive listing for a Steak 'n Shake located at 7101 West Colonial Drive, Orlando, FL 32818. The site consists of roughly 3,630 rentable square feet of building space on an estimated 1.15-acre parcel of land. Steak 'n Shake is subject to a 33-year Triple Net (NNN) lease, which commenced 4.13.1998. The current annual rent is $134,587.
FOR SALE DETAILS
PRICE
$2,243,000 USD
PRICE/SF
$618 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Steak 'n Shake
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
C-1
APN/PARCEL ID
23-2228-2549-00-030
ASK ABOUT THIS PROPERTY
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818-632-9542
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818-632-9542
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