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