ANF Gyros & Grill | New 10yr Abs NNN
4,242 SF | Retail Building | Orlando, FL 32808 | $2,040,000 ($481/SF) | 6.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,040,000
- Property Type
-
Retail
- Square Feet
- 4,242 SF
- Price / Square Foot
- $481
Listing Contacts
Steven Roberts
Verified Profile
Patrick Luther
Verified Profile
Matthew Mousavi
Verified Profile
- Property Info
Property Overview
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, ANF Gyros & Grill, investment property located in Orlando, Florida. The tenant, ANF Gyros & Grill, recently signed a brand new 10 year lease with 1 (10-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual bumps throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Details
- Class
- B
- Year Built/Renovated
- 1989/2009
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 83,200 SF
Highlights
- Brand New 10-Year Lease | Scheduled Rental Increases | Options To Extend | Growing Brand
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Dense Retail/Industrial Corridor | Multiple Neaby Schools | Strong National/Credit Tenant Presence
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
- Strong Demographics in 5-Mile Trade Area
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