Property Details

Applebee’s

Maitland (Orlando), FL
Property ID: 2028

    Financial Summary

    Asking Price $4,190,914
    Cap Rate 5.30%
    Net Operating Income (NOI) $222,303
    Lease Type NNN
    Lease Term Remaining 16 Years
    The Offering Memorandum for this property is no longer available.

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    Highlights

    • Long term NNN lease
    • Zero landlord responsibilities
    • Rent determined at below market rent to sales ratio
    • Highly reusable real estate
    • Dense population of over 242,600 people within 5 miles
    • Location serves strong weekday lunch crowd (59.8M SF of office space within 5 miles) and does significant night and weekend traffic from nearby 64 hotels (Approx. 12,800 rooms) within 5 miles
    • Florida has no state income tax

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    298 Southhall Lane
    Maitland (Orlando), FL

    Traci BidingerApplebee’s