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140 N State Road 434
Altamonte Springs, FL 32714
Absolute NNN Corporate Outback Steakhouse · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 10-Year Absolute Triple Net (NNN) Corporate Lease
  • Only Intersection in Florida with Walmart, Costco, Target, Home Depot, and Lowe’s
  • Corporate Guaranty from Bloomin’ Brands, Inc. (NASDAQ: BLMN)
  • New Construction Outback Steakhouse, Outparcel to Lowe’s Home Improvement
  • Ranked 93rd percentile nationally and #2/20 within 50 miles (placer.ai)
  • Outback Has 20-Year+ Operating History in Altamonte Springs

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,711 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.40 AC
Zoning
MOC-1 - COMMERCIAL
Parking
109 Spaces (16.24 Spaces per 1,000 SF Leased)
Frontage
149’ on N State Road 434

AMENITIES

  • Dedicated Turn Lane
  • Restaurant
  • Security System
  • Signage
  • Accent Lighting
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-21-29-534-0000-0020
Land Assessment
$1,375,448
Improvements Assessment
$1,405,469
Total Assessment
$2,780,917
  • Listing ID: 29992265

  • Date on Market: 11/7/2023

  • Last Updated:

  • Address: 140 N State Road 434, Altamonte Springs, FL 32714

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