ANF Gyros & Grill | New 10yr Abs NNN 2600 Dardanelle Dr

2600 Dardanelle Dr , Orlando, Florida, 32808 | 4,242 sq.f | $ 1,950,000

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About This Restaurant

Investment Highlights

Brand New 10-Year Lease | Scheduled Rental Increases | Options To Extend | Growing Brand Dense Retail/Industrial Corridor | Multiple Neaby Schools | Strong National/Credit Tenant Presence Strong Demographics in 5-Mile Trade Area Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities Signalized, Hard Corner Intersection | Excellent Visibility & Access

Executive Summary

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

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Freestanding Fast Food
  • Building Size    4,242
  • Building Class    B
  • Year Built/Renovated    1989/2009
  • Price    1,950,000
  • Price Per SF    460
  • Cap Rate    7
  • NOI    136,590
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.05
  • Land Acres    1.91 AC

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Property Taxes

Parcel Number 29-2217-6418-00-360 Improvements Assessment $350,113
Land Assessment $957,388 Total Assessment $1,307,501
Date Created: 2024-07-16 04:13:34 Last Updated: 2024-07-16 04:13:34
Address: 2600 Dardanelle Dr , Orlando, Florida, 32808