3060 W Sand Road

    Orlando, FL 32819
    • $3,900,000
    • STATUS: Active
    • ON SITE: 112 days
    • MLS #: S5019856
    UPDATED: 36 min ago
    $3,900,000
    • 0
      BEDS
    • 1.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,678
      SQFT
    • $403
      $/SQFT
    Type:
    Commercial-Lease
    Built:
    1999
    County:

    School Ratings & Info

    Description

    Logan's Roadhouse of Sand Lake Rd present investors with the opportunity to acquire a well positioned, absolute net leased property with zero landlord responsibility and a 6.95% capitalization rate. Located in a prime tourist corridor in Orlando FL, Logan's Roadhouse has been operating at 3060 W Sand Lake Rd since 2006 and has 7+ years remaining on the lease with annual increases, and a renewal option. Logan's presents strong annual sales and steady income stream. Occupying 1.64 acres, the property sits on the most visible outparcel of a power center with the majority of tenants being national credit tenants.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-17T19:40:21.827.
    www.theduncanduo.com/homes/96292897

    3060 W Sand Road Orlando, FL 32819

    • Price: $3,900,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: S5019856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.64
    Acres
    9,678
    SQFT
    $403
    $/SQFT
    1999
    Built
    Neighborhood:
    Sand Lake Corners At South Park
    County:
    Orange
    Area:
    Orlando/Bay Hill/Sand Lake
    Property Description
    Logan's Roadhouse of Sand Lake Rd present investors with the opportunity to acquire a well positioned, absolute net leased property with zero landlord responsibility and a 6.95% capitalization rate. Located in a prime tourist corridor in Orlando FL, Logan's Roadhouse has been operating at 3060 W Sand Lake Rd since 2006 and has 7+ years remaining on the lease with annual increases, and a renewal option. Logan's presents strong annual sales and steady income stream. Occupying 1.64 acres, the property sits on the most visible outparcel of a power center with the majority of tenants being national credit tenants.
    Exterior Features

    Adjoining Property Commercial Construction Materials Siding Lot Features Corner Lot Parking Features Over 30 Spaces Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Freezer Space Yn Yes Stories Total 1

    Property Features

    Additional Parcels Yn No Business Type Bar/Tavern/LoungeFood & Beverage Complex Development Name Sand Lake Corners At South Park Converted Residence Yn No Flood Zone Code X Lease Term 6 + Years New Construction Yn No Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 29793 Tax Year 2018 Total Num Buildings 1 Zoning P-D


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Tir Prime Properties Corp..



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-17T19:40:21.827.
     
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    Tampa FL, 33611