Taco Bell: Orlando, FL 14000 S John Young Pky

Investment Highlights

Located along South John Young Parkway (73,500 VPD) just feet from its intersection with Town Center Boulevard (21,000 VPD). 5.8 MSF of retail, 1.3 MSF of office and 2.2 MSF of industrial within a 3-mile radius of the site. Outparcel to the 258,000 SF Hunters Creek Promenade Shopping Center. Taco Bell?s absolute NNN ground lease features ?16.0 years of primary term remaining with four 5-year renewal options.

Executive Summary

Taco Bell?s NNN ground lease features 16.0 years of term remaining with a 10% rent increase in June 2025, 2030 & 2035 and 10% increases in each of the four, 5-year renewal options.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,490
• Building Class    B
• Year Built    2020
• Price    2,100,000
• Price Per SF    843
• Cap Rate    4.76
• NOI    100,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.15
• Land Acres    0.37 AC