Chili's - Apopka FL 1634 W Orange Blossom Trl 6,230 SF Retail Building Apopka, FL 32712 $3,998,000 ($641.73/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 8 Years Remaining | 1.50% Annual Rental Increases | Options to Extend | Established Tenant
- Fronting W Orange Blossom Trail | Surrounding Retailers | Drive-Thru Equipped | Several New Developments
- Absolute NNN | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities | No State Income Tax
- Demographics 5-Mile Trade Area | Orlando MSA | Six-Figure Incomes | Significant Population Growth
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,230 SF
Building Class
B
Year Built
2007
Price
$3,998,000
Price Per SF
$641.73
Cap Rate
6%
NOI
$239,863
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.10
Lot Size
1.47 AC
Zoning
C-C - Community Commercial
Parking
104 Spaces (16.69 Spaces per 1,000 SF Leased)
Frontage
109’ on Orange Blossom Trl
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-2128-0173-00-010 | Improvements Assessment | $1,390,485 |
| Land Assessment | $1,328,627 | Total Assessment | $2,719,112 |
