Retail

8788 Vineland Ave - Vineland Fuel Station

8788 Vineland Ave Orlando, Florida United States 32821-6504
Asking Price
Area Size
NOI Net Operating Income N/A
NIY 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

Year Built 2008
Building Area Net
Land Area Net ()
Occupancy 100.0 %

Asset Description

The US Petrol & Mexas Tacos Authentic Mexican Restaurant is a 4,800 square foot fuel station and restaurant space offered as a sale leaseback. The Property is in the heart of the Tourist Corridor in Orlando, Florida (the “Property”) with nearby proximity to Walt Disney World only a mile away. It is located less than a mile away from the Orlando Vineland Premium Outlets with over 150 stores, drawing constant traffic from shoppers, and Disney Springs, Disney World’s 120-acre shopping experience. The Subject Property grants a convenient location for those needing to fuel up at the only gas station located on Vineland Avenue. Immediate connection to area thoroughfares I-4 (211,000 VPD) and SR 535 (58,500 VPD) make accessing the fueling location or restaurant, Mexas Tacos, practical for all consumers – visitors or locals. The Disney area has become a highly appealing market for those interested in leading travel destinations and rapidly growing areas around the country.

Investment Highlights

  • The US Petrol & Mexas Tacos is a sale leaseback that benefits from 250 +/- feet of road frontage on Vineland Avenue. Vineland Avenue provides advantageous connection to the Orlando Vineland Premium Outlets (nearly 800,000 monthly visits in June 2022), access to I-4 (211,000 VPD), and prime location near Walt Disney World – located only a mile away. The Orlando area benefits from nearly 76 million visitors annually. 
  • The Subject Property is located across the street (less than 250 feet) from three Marriott flag hotels – Courtyard, Springhill Suites, and Fairfield Inn & Suites. The combined monthly visits for June 2022 exceeded 80,000. The station furnishes access for fuel and Mexican cuisine with tenant Mexas Tacos to those staying at the Marriott properties.
  • The gas station has a long-running history of successful operations at this location. It is the only station located on Vineland Avenue and is also situated on the “heading to Outlets” side of the roadway.
  • High barriers to entry due to minimal green space with frontage in the nearby vicinity – this would make it difficult to develop a competing gas station in the adjacent area. 100% bonus depreciation is set to conclude at EOY 2022 for gas and convenience placed in service after 2017 making it less opportune for new fuel station development.
Last Updated Date: 16 Sep 2022

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.

Last Updated Date: 16 Sep 2022

¿Tiene alguna duda?  Visite nuestra página de Preguntas Frecuentes

JLL  financing

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