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Auto Service - Gas-Conv

Firestone - Orlando, FL

8202 Lake Underhill Rd, Orlando, FL 32825

Listing Price: $2,000,000

Cap Rate
6.01%
Tenant Name
Firestone Complete Auto Care
Years Remaining On Lease
4.4
Gross SF
6,916
Guarantor
Corporate Guarantee
Rentable SF
6,916
Price/Gross SF
$289.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.47

Investment Overview

-4.5-Year, Corporate Backed, Double Net Lease Featuring Ten Percent (10%)
Rental Increases in the Option Periods Three Decades of Success as a
Firestone Complete Auto Care Location
-Located in Sixth Largest MSA in the Southeastern U.S. Orlando is the third largest MSA in the State of Florida with a population of almost 2,600,000
people
-One of the Worlds Largest Tourist Destinations - More than 75 Million
Visitors Traveled to Orlando in 2019
-Easy Access with Direct Frontage on Lake Underhill Road (24,5000+ VPD) -
Near the 408 Toll Road (139,500+ VPD) and South Chickasaw Trail (10,400+
VPD)
- In Close Proximity to Proposed Fieldstream Village - 40 Acre Mixed Use
Project Comprised of 1,500 market-rate apartments and approximately
100,000 square feet of walkable commercial space in the downtown
- Strong Demographics - Over 305,000 People Reside within a 5-Mile Radius
- Strategically Positioned as an Outparcel to a Publix Location benefits
from Traffic Driven by Largest Southeast Grocer

Investment Highlights

  • 4.5-Year, Corporate Backed, Double Net Lease Featuring Ten Percent (10%)
  • Strategically Positioned as an Outparcel to a Publix
  • Located in Sixth Largest MSA in the Southeastern U.S.

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Firestone - Orlando, FL

Listing Price: $2,000,000

Cap Rate
6.01%
Tenant Name
Firestone Complete Auto Care
Years Remaining On Lease
4.4
Gross SF
6,916
Guarantor
Corporate Guarantee
Rentable SF
6,916
Price/Gross SF
$289.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.47

Investment Highlights

  • 4.5-Year, Corporate Backed, Double Net Lease Featuring Ten Percent (10%)
  • Strategically Positioned as an Outparcel to a Publix
  • Located in Sixth Largest MSA in the Southeastern U.S.

Investment Overview

-4.5-Year, Corporate Backed, Double Net Lease Featuring Ten Percent (10%)
Rental Increases in the Option Periods Three Decades of Success as a
Firestone Complete Auto Care Location
-Located in Sixth Largest MSA in the Southeastern U.S. Orlando is the third largest MSA in the State of Florida with a population of almost 2,600,000
people
-One of the Worlds Largest Tourist Destinations - More than 75 Million
Visitors Traveled to Orlando in 2019
-Easy Access with Direct Frontage on Lake Underhill Road (24,5000+ VPD) -
Near the 408 Toll Road (139,500+ VPD) and South Chickasaw Trail (10,400+
VPD)
- In Close Proximity to Proposed Fieldstream Village - 40 Acre Mixed Use
Project Comprised of 1,500 market-rate apartments and approximately
100,000 square feet of walkable commercial space in the downtown
- Strong Demographics - Over 305,000 People Reside within a 5-Mile Radius
- Strategically Positioned as an Outparcel to a Publix Location benefits
from Traffic Driven by Largest Southeast Grocer

Exclusively Listed By

Financing By

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