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Browse More Listings in Retail For Sale, Saint Cloud, FL or Florida

Retail Property - Off Market

IHOP

4101 13th Street, Saint Cloud, FL 34769

Price:
N/A
Building Size:
4,200 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with 10+ years left on lease
Commission Split:
2%
Cap Rate:
7.25%
Occupancy:
100%
Tenancy:
Single
Lot Size:
0.75 AC

Last Verified 9/8/2009 Listing ID 16288176

Description

Newly renovated IHOP located just a few miles south or Orlando in St. Cloud. The IHOP will be open the second week of June 2009. The lease commences upon close of escrow giving an investor a full, 20 YEAR term. Sunshine Retaurant Partners had a very good year in 2008 and defied the casual dining industry by profiting, increasing sales and growing their cash balance. Sunshine is the largest IHOP franchisee in the country with over 146 locaitons in Florida and Georgia.

St. Cloud is located a few miles south of Orlando off of the Florida Turnpike. There are over 62,000 people in a 5 miles radius. The IHOP is within 1/4 mile of Wal-Mart, Home Depot, Winn Dixie, Bank of America, Publix, CVS and Wendy's. St. Cloud benefits from it's proximity to Disney World and the Orlando Internation Airport which are less than 10 miles north of the subject property.

Map of 4101 13th Street, Saint Cloud, FL 34769 (Osceola County)

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Created 6/22/2009

Additional Information for 4101 13th Street, Saint Cloud, FL 34769

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Restaurant
Sold 3Q 2004
Service/Gas Station
Sold 4Q 2007
Vehicle Related
Sold 4Q 2007
Retail (Other)
Sold 2Q 2007
Restaurant
Sold 2Q 2009

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - IHOP

4101 13th Street, Saint Cloud, FL, 34769