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12181 E Colonial Dr
Orlando, FL 32826
Chili's Grill & Bar · Retail Property For Sale
Investment Highlights
- Located along one of Orlando's most active retail corridors that has experienced substantial multifamily development and population growth
- Corporate Guaranty - Brinker International (NYSE: EAT) Credit Rating "BB+" - S&P
- The property is easily accessible to downtown Orlando, the University of Central Florida, and all major submarket demand drivers in Central Florida.
- 1.5% annual rent increases during the base rent term & 1st option. Subsequent options equal 95% FMV w/ 1.5% annual rent increases.
- The subject property has over 30-year operational history at this location
- Store sales at this location put this property in the top 5% of Chili's in the U.S.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,432 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.88 AC
Zoning
C-1
Parking
60 Spaces (11.05 Spaces per 1,000 SF Leased)
Frontage
112’ on Colonial Dr
Amenities
- Dedicated Turn Lane
- Pylon Sign
Property Taxes
| Parcel Number | 22-2231-9461-00-030 | Improvements Assessment | $2,281,925 |
| Land Assessment | $616,805 | Total Assessment | $2,898,730 |
Property Taxes
Parcel Number
22-2231-9461-00-030
Land Assessment
$616,805
Improvements Assessment
$2,281,925
Total Assessment
$2,898,730
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