Restaurant

Long John Silver's (dark)

Listing Price: $918,050

Gross SF
2,623
Rentable SF
2,623
Price/Gross SF
$350.00

Investment Overview

Marcus & Millichap has been exclusively selected to offer for sale the fee simple interest in this single tenant net leased property in Kissimmee, Florida. This long-term, stable property is located on the corner of East Irlo Bronson and North Orlando Ave. The property has been in operation as a Long John Silvers since it was built in 1991 and has experienced long-term ownership. The tenant will vacate upon close of escrow and was paying $81,600 in annual rent.

The property consists of a 0.65-acre parcel improved with a 2,623 square foot building. The property has two points of ingress and egress. The area is a dense retail corridor with additional tenants such as Popeyes, Home Depot, Walgreens, McDonalds, and CVS to name a few. Average daily traffic counts exceed over 52,000 vehicles. There are over 191,600 residents within a Five-Mile radius of the property.

Kissimmee is a city in central Florida's Osceola County, just south of Orlando. Its defined by its proximity to the regions multitude of amusement parks, including the massive Walt Disney World Resort complex. The city lies along the northwest shore of Lake Tohopekaliga (nicknamed Lake Toho), and its verdant Kissimmee Waterfront Park encompasses walkingpaths, playgrounds and a fishing pier.

Orlando, a city in central Florida, is home to more than a dozen theme parks. Chief among its claims to fame is Walt Disney World, comprised of parks like the Magic Kingdom and Epcot, as well as water parks. Another major destination, Universal Orlando, offers Universal Studios and Islands of Adventure, with the Wizarding World of Harry Potter straddlingboth.
SeaWorld is a marine park with animals including whales, dolphins and penguins. Other popular spots include the Legoland theme park, Gatorland's wildlife preserve, and Holy Land Experience, a Christian-themed park. The bigger parks have accompanying hotels, spas and restaurants. Accommodations are diverse away from the parks, and the area also offers golfing, lake fishing and boating tours through swamps to see wildlife like alligators and bald eagles. Fifty miles away, on the Atlantic Coast, the Kennedy Space Center features rocket launches, artifacts and an IMAX theater.

Investment Highlights

  • Kissimmee, Florida
  • 52,000 Vehicles Per Day
  • Corner Location
  • Drive Thru
  • Dense Retail Corridor
  • 0.65 Acres

Exclusively Listed By

Restaurant

Long John Silver's (dark)

Listing Price: $918,050

Gross SF
2,623
Rentable SF
2,623
Price/Gross SF
$350.00

Investment Highlights

  • Kissimmee, Florida
  • 52,000 Vehicles Per Day
  • Corner Location
  • Drive Thru
  • Dense Retail Corridor
  • 0.65 Acres

Investment Overview

Marcus & Millichap has been exclusively selected to offer for sale the fee simple interest in this single tenant net leased property in Kissimmee, Florida. This long-term, stable property is located on the corner of East Irlo Bronson and North Orlando Ave. The property has been in operation as a Long John Silvers since it was built in 1991 and has experienced long-term ownership. The tenant will vacate upon close of escrow and was paying $81,600 in annual rent.

The property consists of a 0.65-acre parcel improved with a 2,623 square foot building. The property has two points of ingress and egress. The area is a dense retail corridor with additional tenants such as Popeyes, Home Depot, Walgreens, McDonalds, and CVS to name a few. Average daily traffic counts exceed over 52,000 vehicles. There are over 191,600 residents within a Five-Mile radius of the property.

Kissimmee is a city in central Florida's Osceola County, just south of Orlando. Its defined by its proximity to the regions multitude of amusement parks, including the massive Walt Disney World Resort complex. The city lies along the northwest shore of Lake Tohopekaliga (nicknamed Lake Toho), and its verdant Kissimmee Waterfront Park encompasses walkingpaths, playgrounds and a fishing pier.

Orlando, a city in central Florida, is home to more than a dozen theme parks. Chief among its claims to fame is Walt Disney World, comprised of parks like the Magic Kingdom and Epcot, as well as water parks. Another major destination, Universal Orlando, offers Universal Studios and Islands of Adventure, with the Wizarding World of Harry Potter straddlingboth.
SeaWorld is a marine park with animals including whales, dolphins and penguins. Other popular spots include the Legoland theme park, Gatorland's wildlife preserve, and Holy Land Experience, a Christian-themed park. The bigger parks have accompanying hotels, spas and restaurants. Accommodations are diverse away from the parks, and the area also offers golfing, lake fishing and boating tours through swamps to see wildlife like alligators and bald eagles. Fifty miles away, on the Atlantic Coast, the Kennedy Space Center features rocket launches, artifacts and an IMAX theater.

Exclusively Listed By

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