ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

McDonald’s – Orlando, FL – Ground Lease

14902 Narcoossee Road
Sold

SOLD PRICE: $2,125,000
CAP RATE: 4.0%

PROPERTY HIGHLIGHTS:

  • EXCELLENT MARKET LOCATION — Part of the Orlando-Kissimmee-Sanford MSA (26th largest MSA in the U.S., 6th largest in the Southern U.S., & 3rd largest in FL); nearby Orlando International Airport is the 13th busiest in the U.S. & 29th busiest in the world
  • PRIME RETAIL — New 2016 construction adjacent to Wawa development (est. opening July 2016); less than 3 miles from Lake Nona Medical City (650-acre health & life sciences park), Lake Nona Town Center (in-development regional shopping destination) & surrounding residential community
  • STRONG CREDIT TENANT — McDonald’s is the #1 fast food company and 6th most valuable brand in the world and has a S&P A credit rating
  • QUALITY INVESTMENT — Ground lease with zero landlord responsibilities and fixed 10% rental increases every 5 years
  • AFFLUENT TRADE AREA — Over 34,500 people, with an average household income of $91K+, within five miles of the property; Orlando area tourist attractions and events drew more than 62 million visitors in 2014
  • There are no features available

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$2,125,000

4,388 sf

Price:

$2,125,000

Cap Rate:

4.0%

Building Size:

4,388 sf

SF Land Area:

1.88 acres

Current NOI:

$85,000

Lease Type:

Ground Lease

Remaining Term:

Twenty (20) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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