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Orlando Harley Davidson 3770 37th St 33,055 SF Retail Building Orlando, FL 32805 $14,181,810 ($429.04/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Hi-Profile NNN Investment
  • Second Largest Harley Davidson Operator in the Nation
  • Long-term 20 year lease in place
  • Credit Grade Tenant
  • Direct I-4 visabilty
  • 5.5% Cap Rate TRUE NNN ABSOLUTE LEASE

EXECUTIVE SUMMARY

PLEASE DO NOT DISTURB TENANT, THE BUSINESS IS NOT FOR SALE REAL ESTATE ONLY!!!! Major Price Reduction 5.5% Cap, John Burpee & Associates is proud to present an iconic investment opportunity in Orlando Florida. (Real Estate Sale only, Business is NOT included) Orlando Harley Davidson dealership is the tenant located at 3770 37th Street Orlando Fl 32805 is one of the most
hi-profile best performing retail locations in the entire Harley Davidson organization. With direct I-4
frontage in the heart of Orlando Florida this location receives 220,000 views per day from highway
traffic on I-4.
The current tenant HD American Road Group, LLC is the second largest Harley Davidson franchisees
in the nation with 9 Harley Davidson full dealerships, 4 separate merchandise locations as well as
several other motorsports related dealerships throughout the country. In February 2023 they signed a
new absolute 20-year NNN lease proving their commitment to the location. Current rents are
$780,000 per year until Feb 2028 with 10% escalations every 5 years thereafter.
The Orlando MSA is home to national attractions like Walt Disney World and Universal Studios, as well
as nationally recognized universities like the University of Central Florida and Full Sail University.
Orlando is home to 280,257 people and sees over 70 million tourists per year. In 2017, its 72 million
visitors made it the most visited US destination that year.
Major economic drivers to the region include the many attractions and the Research Park at UCF.
Orlando has a total Office GLA of 102,000,000 SF. The Research Park at UCF is home to many
recognizable companies such as Lockheed Martin, Siemens, Leidos, Luminar and more. Publix
Supermarkets has their headquarters in Lakeland, FL, just to the southwest of Orlando. Publix
ranked #87 on the 2020 Fortune 500 list. The area benefits from recent and ongoing developments
such as Lake Nona Town Center, Lake Nona Wave Hotel, Boxi Park, the UCF/Lake Nona Medical
Center, Creative Village, and the Under-I project which will build a community park under the I-4
bridges between Church St and Washington St.
Deal Points:
Extremely low rent-to-sales ratio
Phenomenal brand recognition
Booming Orlando Market
#1 Tourist Market in Florida
Irreplaceable visibility from I-4
Part of the Mall of Millenia Trade zone
Major $3+M renovation coming in next few years

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
33,055 SF
Building Class
B
Year Built/Renovated
2002/2022
Price
$14,181,810
Price Per SF
$429.04
Cap Rate
5.50%
NOI
$780,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
5.88 AC
Zoning
IG, County - Absolute NNN Lease with no landlord responsibilities 2nd largest Harley-Davidson operator in the nation Very strong Ebitda HD American Road guarantee
Parking
74 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
306’ on I-4 Expy

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

In 1903, out of a small shed in Milwaukee, Wisconsin, four young men lit a cultural wildfire that would grow and spread across geographies and generations. Their innovation and imagination for what was possible on two wheels sparked a transportation revolution and lifestyle that would make Harley-Davidson the most desirable motorcycle and lifestyle brand in the world. Today, they continue to define motorcycle culture and lifestyle, evoking soul-stirring emotion reflected in every product and experience they deliver - like they have for well over a century and will for generations to come.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Navy Federal Credit Union
Five Guys
Thai express
Zaxby's
Pei Wei
Starbucks
Key Food
CrossFit
La Madeleine Millenia Mall
Tgi Friday's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-2329-0013-00-010
Land Assessment
$1,866,129
Improvements Assessment
$4,759,240
Total Assessment
$6,625,369
  • Listing ID: 31939575

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 3770 37th St, Orlando, FL 32805

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