ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Pizza Hut – Orlando, FL – Ground Lease

12195 S. Apopka Vineland Road
Sold

SALE PRICE: $5,052,631
CAP RATE: 4.75%

PROPERTY HIGHLIGHTS:

  • UNSURPASSED TROPHY LOCATION — Within the preeminent trade area in the Orlando MSA — over 62M visitors in 2014, who contribute $33 billion to the local economy annually. Located less than a mile from the entrance to Walt Disney World and near Orlando Vineland Premium Outlets and numerous area hotels & national retailers.
  • PRIME ACCESSIBILITY — Super regional accessibility from major thoroughfare I-4 (208K ADT) that is central to every major attraction in Orlando.
  • QUALITY INVESTMENT — Rent increases throughout the base term & 4, 5-year options. Provides security and stability for the investor.
  • HIGHLY SUCCESSFUL TENANT — Pizza Hut has grown to become the largest pizza company in the world, with 16K+ restaurants and 300K+ team members in 90+ countries.
  • ABSOLUTE NNN LEASE — Long-term 20 year lease with no landlord responsibilities.
  • LARGE TRADE AREA — Over 73,000 people, with an average household income of $82K+, within five miles of the property. High area traffic counts — Apopka Vineland Road, 58K ADT & SR-54, 57K ADT.
  • LOW TAX BURDEN — Florida has no state income tax.
  • There are no features available

$5,052,631

6,807 SF

Price:

$5,052,631

Cap Rate:

4.75%

Building Size:

6,807 SF

SF Land Area:

1.173 acres

Current NOI:

$240,000

Lease Type:

Ground

Remaining Term:

Twenty (20) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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