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Bank

Regions Bank - Orlando, FL (Dark)

13832 Landstar Blvd, Orlando, FL 32824

Listing Price: $2,200,000

Cap Rate
5.43%
Tenant Name
Regions Bank
Years Remaining On Lease
4.1
Gross SF
3,338
Guarantor
Corporate Guarantee
Rentable SF
3,338
Price/Gross SF
$659.08
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.78

Investment Overview

-Four-Year, Corporate Backed, Absolute Net Ground Lease Regions has vacated the premises and continues to pay Rent, along with their other expense obligations.
-Value Add Opportunity via Repositioning of Property Ability to negotiate buyout with Regions and re-tenant at an equal or greater rental rate.
-Strategically Positioned as Publix Outparcel Location benefits from traffic driven by largest southeast grocer.
-Located in Sixth Largest MSA in the Southeastern United States Orlando is the third-largest MSA in the State of Florida with a population of over 2.5 Million people.
-One of the Worlds Largest Tourist Destinations More than 75 Million visitors traveled to Orlando in 2019.
-Easy Access with Direct Frontage on Landstar Blvd (31,000 + VPD) - Near the 417 Toll Road (67,500+ VPD) and the Florida Turnpike (75,500 + VPD)
-Proximity to Major Demand Drivers Orlando International Airport (9 Miles), International Drive ( 8.5 Miles) and Disney World (13 Miles)
-Strong Demographics Over 203,000 people reside within a 5-Mile radius

Investment Highlights

  • Four-Year, Corporate Backed, Absolute Net Ground Lease - Regions has gone Dark
  • Value Add Opportunity via Repositioning Property
  • Strategically Positioned as Publix Outparcel
  • Strong Demographics - Over 203,000 people reside within a 5-mile radius

Exclusively Listed By

Financing By

Bank

Regions Bank - Orlando, FL (Dark)

Listing Price: $2,200,000

Cap Rate
5.43%
Tenant Name
Regions Bank
Years Remaining On Lease
4.1
Gross SF
3,338
Guarantor
Corporate Guarantee
Rentable SF
3,338
Price/Gross SF
$659.08
Lease Type
NNN Ground Lease
Rent Per Square Feet
$35.78

Investment Highlights

  • Four-Year, Corporate Backed, Absolute Net Ground Lease - Regions has gone Dark
  • Value Add Opportunity via Repositioning Property
  • Strategically Positioned as Publix Outparcel
  • Strong Demographics - Over 203,000 people reside within a 5-mile radius

Investment Overview

-Four-Year, Corporate Backed, Absolute Net Ground Lease Regions has vacated the premises and continues to pay Rent, along with their other expense obligations.
-Value Add Opportunity via Repositioning of Property Ability to negotiate buyout with Regions and re-tenant at an equal or greater rental rate.
-Strategically Positioned as Publix Outparcel Location benefits from traffic driven by largest southeast grocer.
-Located in Sixth Largest MSA in the Southeastern United States Orlando is the third-largest MSA in the State of Florida with a population of over 2.5 Million people.
-One of the Worlds Largest Tourist Destinations More than 75 Million visitors traveled to Orlando in 2019.
-Easy Access with Direct Frontage on Landstar Blvd (31,000 + VPD) - Near the 417 Toll Road (67,500+ VPD) and the Florida Turnpike (75,500 + VPD)
-Proximity to Major Demand Drivers Orlando International Airport (9 Miles), International Drive ( 8.5 Miles) and Disney World (13 Miles)
-Strong Demographics Over 203,000 people reside within a 5-Mile radius

Exclusively Listed By

Financing By

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