3060 W Sand Lake Rd
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3060 W Sand Lake Rd
8,000 SF Retail Building Orlando, FL 32819 $3,500,000 ($438/SF) 7.31% Cap Rate
Investment Highlights
- High capitalization rate
- Renovated in 2024, ready for new tenant or owner-user
- 100% occupancy with 320-person seating capacity
- 8,000 SF fully built-out restaurant space
- Prime location at a signalized intersection with over 100,000 AADT
- Prominent outparcel in a high-visibility shopping center
Executive Summary
Introducing a phenomenal opportunity in the heart of Orlando, FL. New lease in place with an attractive 7.3% cap rate. Seller financing of 40-50% LTV available on first position.
Close to the new Epic Universe amusement park, Class A office parks, hotels.
Anchors in the same shopping plaza include Walmart, Lowe's, Dollar Tree, Petsmart, McDonalds, Wendys, Dunkin, and more.
Close to the new Epic Universe amusement park, Class A office parks, hotels.
Anchors in the same shopping plaza include Walmart, Lowe's, Dollar Tree, Petsmart, McDonalds, Wendys, Dunkin, and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
1999/2024
Price
$3,500,000
Price Per SF
$438
Cap Rate
7.31%
NOI
$255,996
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.66 AC
Zoning
P-D - Planned Development
Parking
117 Spaces (14.63 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Courtyard
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 29-2333-7457-00-030 | Improvements Assessment | $1,753,278 |
| Land Assessment | $1,265,395 | Total Assessment | $3,018,673 |
PROPERTY TAXES
Parcel Number
29-2333-7457-00-030
Land Assessment
$1,265,395
Improvements Assessment
$1,753,278
Total Assessment
$3,018,673
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3060 W Sand Lake Rd
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