Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

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 Net
Land Area Net ()
Occupancy 100.0 %

Property Description

Jones Lang LaSalle (“JLL”) Capital Markets, Net Lease is pleased to exclusively offer a premier net lease opportunity to acquire a single tenant Burger King located in Winter Springs, Florida, in the Orlando MSA – the 3rd fastest growing metro area in the United States over the last decade. This corporate Burger King pays an easy-to-replicate-rent of $106,400 with favorable 12% rent increases—the next increase occurs shortly in 2024. Nearly 40,000 vehicles pass by the property every day and Burger King shares the “going-home” side of Red Bug Lake Road with a Publix ranking in the top 20% of Florida locations based on visitor count. Over 79,000 people live within 3 miles of the property and the average household income in Winter Springs exceeds $105,000.  


Investment Highlights

FLORIDA QSR WITH DRIVE-THRU AND LOW RENT

CORPORATE TENANT – WORLD’S 2nd LARGEST BURGER CHAIN

EXCEPTIONAL 12% RENT INCREASES – NEXT ONE OCCURRING IN 2024

8 YEARS OF LEASE TERM REMAINING AND ONLY ONE RENEWAL OPTION

ON THE “GOING-HOME” SIDE OF THE ROAD WITH A TOP PUBLIX

SIX-FIGURE HOUSEHOLD INCOMES IN THE ORLANDO SUBMARKET

ORLANDO: FASTEST GROWING MSA IN FLORIDA

Last Updated Date: 30 Sep 2021
Michael Brewster
Michael Brewster
Director, Capital Markets
License details
FL-SL3280018
Whitaker Leonhardt
Whitaker Leonhardt
Senior Director, Capital Markets
License details
FL-SL3221137

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: 30 Sep 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.