3060 W Sand Road, Orlando, FL 32819

$3,900,000
9,678
SqFt
List Price
$3,900,000
Status
Active
Days on Market
211
MLS#
S5019856
Property Style
Retail
Year Built
1999
Living Area
9,678
Lot Size
71,613
Acres
1.64
Total Acreage
One + to Two Acres
Legal Subdivision Name
Sand Lake Corners At South Park
Development Name
Sand Lake Corners At South Park
Complex/Comm Name
Sand Lake Corners At
MLS Area Major
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.

Additional Information

Taxes Annual
$29793
Location
Corner Lot
Community Features
No Deed Restriction
Zoning
P-D
Air Conditioning
Central Air
Exterior Construction
Siding
Pool
No Pool
Garage Features
Over 30 Spaces
Flood Zone Code
X
Parcel ID
33-23-29-7457-00-030
Legal Description
SAND LAKE CORNERS AT SOUTH PARK 39/147 COMM NE COR LOT 3 TH W 210.15 FT FOR POBTH CONT W 243.51 FT S 45 DEG W 109.73 FTS 10 DEG W 106.11 FT S 79 DEG E 60 FT S10 DEG W 42.5O FT S 79 DEG E 137.19 FTN 10 DEG E 42.50 FT E 148 FT N 220.39 FTTO POB

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of TIR PRIME PROPERTIES CORP..

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