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- LoopNet Team
478 N State Road 434
Altamonte Springs, FL 32714
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
ABOUT 478 N STATE ROAD 434 , ALTAMONTE SPRINGS, FL 32714
2,354 SF Freestanding Restaurant with Very Strong Corporate Tenant 400 SF Outdoor Patio/Dining Area/Drive Thru/Great Signage 26 Parking Spaces, 100% Renovation by Tenant in 2017 9 Year Remaining on an Absolute NNN Lease (ZERO Landlord Obligations) 3% Annual Increases including the (3) Five year options Strong Tenant with 9 Locations in Orlando Market Highly Concentrated Retail Trade Area of National Retailers & Restaurants Near Intersection of SR 434 and SR 436,Traffic Average of 65,000 VPD www.foxtailcoffee.com/locations_altamonte Current NOI: $74,160 Sales Price: $1,350,000 (5.5% Cap Rate)
PROPERTY TAXES
| Parcel Number | 16-21-29-300-002V-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $697,833 |
PROPERTY TAXES
