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- LoopNet Team
7344 W Colonial Dr
Orlando, FL 32818
IHOP · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 7344 W COLONIAL DR , ORLANDO, FL 32818
STRATEGIC LOCATION Explosive Population Growth – Since 2010, the population has grown over 15.78% in a 5-mile radius, currently boasting approximately 268,761 individuals. Strong Retail Corridor – Surrounding national retailers include: The Home Depot, Sam’s Club, Walmart, Burlington, Dollar Tree, Olive Garden, Chili’s, Steak N’ Shake, Holiday Inn, and many more Globally Recognized Tourism – Orlando’s tourism industry draws over 68 million visitors annually and has an economic impact of $50+ billion Universal Studios – This restaurant is located just over 7-miles from Universal Studios Orlando, which ranks as the sixth most attended theme park in the United States and the ninth most attended theme park worldwide; with an estimated 10,198,000 visitors annually STABLE INVESTMENT Absolute NNN Lease – ZERO Landlord Responsibilities – Ideal for out of state investors Below Market Rent – Increases investor’s security through having the ability to possibly increase value during any future repositioning scenario Growing Cash Flow – Lease contains 1.00% Annual rental increases Recent Construction – The subject property was built in 2015, limiting necessity for future renovations by tenant LEADING CASUAL DINING CONCEPT Top IHOP Operator - Sunshine Restaurant Partners is an affiliate of Argonne Capital Group, which through its four partnerships is the largest IHOP franchisee with nearly 300 restaurants across the United States. Argonne Capital Group employees 32,000 people and has grown to over $1.6 billion in annual sales Sunshine Restaurant Partners has over 150 locations in Florida and Southern Georgia with a vision to expand to 250 locations in the coming years.
Links
Property Taxes
| Parcel Number | 26-2228-2139-04-000 | Improvements Assessment | $996,780 |
| Land Assessment | $1,244,074 | Total Assessment | $2,240,854 |
Property Taxes
Listing ID: 16262127
Date on Market: 6/6/2019
Last Updated:
Address: 7344 W Colonial Dr, Orlando, FL 32818
The West Oaks Retail Property at 7344 W Colonial Dr, Orlando, FL 32818 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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