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Hooter's | Orlando, FLsale

Hooter's | Orlando, FL

, For Sale.
$3,683,076

Investment Highlights

  • Extensive Remodel in 2013

    Shows Commitment to Location

  • Surrounded by Over 20 Motels/Hotels

    (Thousands of Rooms)

  • Corporate Lease – Not a Franchisee

  • Orlando is the 3rd Largest City in Florida

  • Incredible location just off State Road 528 (±92,000 VPD)

  • 2 miles from Orlando International Airport

    (40+ Million Passengers Annually)

  • Absolute NNN | Zero LL Responsibilities

  • High Growth in Immediate Area

Investment Summary

CAP Rate: 6.25%
Lessee: HOA Holdco, LLC
Building Size: ±3,910 Square Feet
Land Area: ±2.38 Acres
Lease Expiration: 7/31/2025
Lease Options: 2 x 5 year
NOI: $239,400* *Rent based on increase effective 8/1/17 seller will credit at closing
Lease Type: Absolute NNN Lease | Zero LL Obligations
Increases:
8/1/21 – $251, 370
8/1/25 – $281,107
8/1/30 – $309,217

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More Information

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