Restaurant
Miller's Ale House | Strong Sales | Absolute NNN | Orlando FL
13536 S John Young Pkwy, Orlando, FL 32837
Listing Price: $7,250,000
Cap Rate
6.74%
Tenant Name
Miller's Ale House
Years Remaining On Lease
6.7
Guarantor
Private Guarantee
Rentable SF
10,416
Lease Type
Absolute Net
Rent Per Square Feet
$28.68
Investment Overview
Marcus & Millichap is pleased to bring to market Miller's Ale House located in Orlando, FL.
Miller's Ale House | Strong Sales | Absolute NNN | Orlando FL
Investment Highlights
- 2006 Build-to-Suit for Miller's Ale House | 10,419-SF Building | Absolute Net Lease With 7 Years Remaining | No Landlord Responsibilities | Fee Simple
- 2% Annual Rental Increases in Base Term & in Each of 3, 5-Year Renewal Options | Company Leading Reported Sales | Incredibly Low Rent-to-Sale Ratio | Percentage Rent Provides Higher Yield Opportunity
- Outparcel to The Village at Hunter's Creek, Class-A Shopping Center in a Dense Residential Corridor | Situated on a Hard, Signalized Corner at the Entrance to Hunter's Creek With High Visibility
- Extremely High Traffic Counts Just Off of SR-417 Seeing 75,500 Vehicles Per Day and S John Young Pkwy, Seeing 63,000 Vehicles Per Day | SR-417 is a Major Artery to Interstate 4 and the Walt Disney World Resort Entrances
- Proximity to Nationally Recognized Tenants, Including: Publix, 7-Eleven, AT&T, Baskin-Robbins, PNC, Jersey Mikes, Valvoline, Tires Plus, McDonald's, Burger King, Wells Fargo, Massage Envy, Firehouse Subs and More
- Ideally Located Just 10 Miles from Disney World & 6 Miles to a Variety of Disney Theme Parks Seeing Over 58 Million Annual Visitors
- Located in an Extremely Dense Residential and Retail Hub, Hunter's Creek is a Master Planned Community With Multiple Apartment, Townhome, Condo & Single-Family Home Developments in the Immediate Area | Multiple Large Schools Within 1 Mile
- Strong Demographics: Daytime Population Exceeds 255,100 Within 5-Miles of the Property and is Expected to Increase by 2027 | Average Household Incomes Exceed $107,000 Within 1-Mile | The Orlando Metro is Expected to Add Over 225,000 People Over the Next Five Years | Orlando Tourism Contributes $333 Million Per Day to Florida's Economy
Exclusively Listed By
Financing By
Restaurant
Miller's Ale House | Strong Sales | Absolute NNN | Orlando FL
Listing Price: $7,250,000
Cap Rate
6.74%
Tenant Name
Miller's Ale House
Years Remaining On Lease
6.7
Guarantor
Private Guarantee
Rentable SF
10,416
Lease Type
Absolute Net
Rent Per Square Feet
$28.68
Investment Highlights
- 2006 Build-to-Suit for Miller's Ale House | 10,419-SF Building | Absolute Net Lease With 7 Years Remaining | No Landlord Responsibilities | Fee Simple
- 2% Annual Rental Increases in Base Term & in Each of 3, 5-Year Renewal Options | Company Leading Reported Sales | Incredibly Low Rent-to-Sale Ratio | Percentage Rent Provides Higher Yield Opportunity
- Outparcel to The Village at Hunter's Creek, Class-A Shopping Center in a Dense Residential Corridor | Situated on a Hard, Signalized Corner at the Entrance to Hunter's Creek With High Visibility
- Extremely High Traffic Counts Just Off of SR-417 Seeing 75,500 Vehicles Per Day and S John Young Pkwy, Seeing 63,000 Vehicles Per Day | SR-417 is a Major Artery to Interstate 4 and the Walt Disney World Resort Entrances
- Proximity to Nationally Recognized Tenants, Including: Publix, 7-Eleven, AT&T, Baskin-Robbins, PNC, Jersey Mikes, Valvoline, Tires Plus, McDonald's, Burger King, Wells Fargo, Massage Envy, Firehouse Subs and More
- Ideally Located Just 10 Miles from Disney World & 6 Miles to a Variety of Disney Theme Parks Seeing Over 58 Million Annual Visitors
- Located in an Extremely Dense Residential and Retail Hub, Hunter's Creek is a Master Planned Community With Multiple Apartment, Townhome, Condo & Single-Family Home Developments in the Immediate Area | Multiple Large Schools Within 1 Mile
- Strong Demographics: Daytime Population Exceeds 255,100 Within 5-Miles of the Property and is Expected to Increase by 2027 | Average Household Incomes Exceed $107,000 Within 1-Mile | The Orlando Metro is Expected to Add Over 225,000 People Over the Next Five Years | Orlando Tourism Contributes $333 Million Per Day to Florida's Economy
Investment Overview
Marcus & Millichap is pleased to bring to market Miller's Ale House located in Orlando, FL.
Exclusively Listed By
Financing By
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