HTeaO 914 N 14th St

Investment Highlights

Brand New Build-to-Suit w/ New Long-Term Absolute NNN Lease Orlando MSA - 3rd Fastest Growing MSA in the U.S. Significant Private Investment Fuels Rapid Expansion Premier Central Florida Real Estate Largest Iced Tea Franchise in the United States Located Along Primary Retail Corridor

Executive Summary

HTeaO is the country's largest privately held iced tea franchisor and is breaking into a niche category within the beverage industry. The company is among the fastest-growing companies in the Southwest, ranking No. 59 in Inc. Magazine's list of private companies based in Texas, Arizona, New Mexico, and Oklahoma.The tenant benefits from a brand new build-to-suit construction and includes a new fifteen (15) year absolute NNN lease featuring zero landlord responsibilities. The Lease also features attractive rental escalations, offering a solid hedge against inflation and an increase in long-term value.The Property is ideally situated on a hard corner in a dense retail trade area featuring 2.6M SF of existing retail within three (3) miles of the site. Additionally, the adjacent Gateway Plaza and nearby Palm Plaza welcomed over 1.8 million shoppers to the area in the past 12 months. Surrounding tenants include Publix, Planet Fitness, Big Lots, Office Depot, Bealls, Ollie's, Advance Auto Parts, Bank of America, and more.

• Sale Type    Investment
• Sale Condition    Build to Suit
• Property Type    Retail Retail General Retail Freestanding General Retail Restaurant Retail
• Building Size    1,794
• Building Class    C
• Year Built    2024
• Price    2,278,770
• Price Per SF    1,270
• Cap Rate    6
• NOI    136,726
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.52 AC