Retail

1345 Lee Rd, Orlando FL 32810 - IHOP

1345 Lee Rd Orlando, Florida United States 32810-5852
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

Jones Lang LaSalle (JLL) Net Lease Advisory  is pleased to exclusively offer a premier net lease opportunity to acquire a single tenant IHOP, strategically located at 1345 Lee Road in Orlando, Florida, in the heart of Central Florida. This property is leased to Sunshine Restaurant Partners, the largest IHOP franchisee with 150+ locations and exclusive rights to IHOP restaurants in Florida and 24 counties in Southern Georgia. 


The subject parcel sits on a large 0.82-acre parcel with a 4,623 square feet building and plenty of parking. Orlando has become a highly sought-after market for quality net-leased assets like the subject IHOP. It benefits from strong traffic counts and easy access to five strong north-south thoroughfares through the middle of Central Florida. The combination of a strong tenant and location make this an ideal net leased opportunity for investors.

Investment Highlights

·        Triple net (NNN) lease with one year of initial term remaining (plus one, five-year option), providing an investor with flexibility to reposition the property or add-value by negotiating a new lease

·        IHOP has been operating at this location since 1996, and has exercised four option periods so far, showing a strong commitment to the site

·        Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia

·        This location benefits from Annual Rent based on six percent of the Gross Annual Sales

·        Three points of ingress/egress – one on Lee Rd and two on Goddard Ave – and a dedicated left turn lane from Lee Rd to Goddard, providing easy access to the property from all directions

Last Updated Date: 17 Mar 2021
John Krzyminski
John Krzyminski
Senior Director, Capital Markets
License details
FL - 3318570
Max Krzyminski
Max Krzyminski
Director
License details
FL - 3391790

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+41445083302
Last Updated Date: 17 Mar 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.