$3,900,000

3060 W Sand Road

ORLANDO FL, 32819

Description

Logan's Roadhouse of Sand Lake Rd present investors with the opportunity to acquire a well positioned, absolute net leased property with zero landlord responsibility and a 6.95% capitalization rate. Located in a prime tourist corridor in Orlando FL, Logan's Roadhouse has been operating at 3060 W Sand Lake Rd since 2006 and has 7+ years remaining on the lease with annual increases, and a renewal option. Logan's presents strong annual sales and steady income stream. Occupying 1.64 acres, the property sits on the most visible outparcel of a power center with the majority of tenants being national credit tenants.

Details

MLS#S5019856
StyleIndustrial
Sub-TypeResale
StatusActive
Year1999
Days On Site81

Features

SQ Feet9,678
Story(s)1
Units1
ZoningP-D

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32819
Area32819 - Orlando/Bay Hill/Sand Lake
Listing VS Median (in 32819)
Price:
$3,900,000
low | high
Med:
$345,000
100% of Average
SqFt:
9,678
low | high
Med:
2,001
100% of Average
$ / SqFt:
$403
low | high
Med:
$172
100% of Average
On Site:
81
low | high
Med:
235
34.468085106383% of Average
Listing Updated: 09/14/2019
MLS Number: S5019856
Listing Provided By:
Mariano Saal  of  TIR PRIME PROPERTIES CORP.

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