Log In/Sign Up
Your email has been sent.
Steak 'n Shake 7101 W Colonial Dr 3,630 SF Retail Building Orlando, FL 32818 $2,243,000 ($617.91/SF) 6% Cap Rate
Executive Summary
Surmount is pleased to present the exclusive listing for a Steak 'n Shake located at 7101 West Colonial Drive, Orlando, FL 32818. The site consists of roughly 3,630 rentable square feet of building space on an estimated 1.15-acre parcel of land. Steak 'n Shake is subject to a 33-year Triple Net (NNN) lease, which commenced 4.13.1998. The current annual rent is $134,587.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,630 SF
Building Class
B
Year Built
1996
Price
$2,243,000
Price Per SF
$617.91
Cap Rate
6%
NOI
$134,580
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Frontage
134’ on Colonial Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-2228-2549-00-030 | Improvements Assessment | $661,064 |
| Land Assessment | $891,840 | Total Assessment | $1,552,904 |
Property Taxes
Parcel Number
23-2228-2549-00-030
Land Assessment
$891,840
Improvements Assessment
$661,064
Total Assessment
$1,552,904
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Steak 'n Shake | 7101 W Colonial Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.