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3060 W Sand Lake Rd

8,000 SF Retail Building Orlando, FL 32819 $3,500,000 ($438/SF) 7.54% Cap Rate

Investment Highlights

  • High capitalization rate
  • Prime location at a signalized intersection with over 100,000 AADT
  • Prominent outparcel in a high-visibility shopping center
  • 8,000 SF fully built-out restaurant space
  • 100% occupancy with 320-person seating capacity

Executive Summary

Discover an exceptional opportunity to own a prime commercial retail building just blocks from the highly anticipated Universal Studios theme park in Orlando, FL. This high-traffic location offers unmatched visibility and accessibility, making it the perfect spot for a variety of businesses. The property is occupied by a reliable tenant under a new long-term lease contract, generating an impressive 7.5% capitalization rate, ensuring a steady and attractive income stream. Situated as an outparcel to a bustling shopping center that includes well-known anchors such as Walmart, Petsmart, Old Time Pottery, and Lowe's Home Improvement, this property enjoys prime exposure to both local and visiting customers. With the new Universal Studios expansion set to draw millions of visitors annually, the potential for growth and high foot traffic is unparalleled. Whether you're looking to secure a stable investment or capitalize on a rapidly appreciating area, this commercial space provides a solid foundation for success.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
1999/2024
Price
$3,500,000
Price Per SF
$438
Cap Rate
7.54%
NOI
$263,900
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
139 FT on John Young Pky

Amenities

  • Bus Line
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Nando Grill
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Nando Grill Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Denny's
The Camp Transformation Center
Bubbakoo's Burritos
Starbucks
Fifth Third Bank
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-2333-7457-00-030
Land Assessment
$1,265,395
Improvements Assessment
$1,753,278
Total Assessment
$3,018,673
  • Listing ID: 24896196

  • Date on Market: 1/22/2022

  • Last Updated:

  • Address: 3060 W Sand Lake Rd, Orlando, FL 32819

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