Miller’s Ale House

12175 W. Colonial Drive, Winter Garden, FL
Deal Type:
Net Lease
Price:
$3,114,000
Cap Rate:
6.00%
Current Rent:
$186,850
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 7 years
Renewal Options:
4, 5-year options
Building Sq. Ft.:
7,234 SF
Rent Increases:
10% every 5 Years
Site Size:
1.22 Acres

Investment Highlights

  • Passive Ownership Opportunity: Long Term Absolute NNN Ground lease.
  • Strong Performing Location: Excellent Location with sales in excess of $7m – 2.7% Rent to Sales.
  • Location: Located on West Colonial Drive, immediately west of FL-429 and North of the Florida Turnpike providing access to nearly 200,000 VPD.
  • Scheduled Rent Increases: The lease calls for rental increases of 10% every five years including the option periods.
  • Orlando Metropolitan Area: Winter Garden is is located in Florida southwest suburbs and has an affluent customer base, with an average household income of $108,549 within 3 miles of the site.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

Broker of Record: Dominguez, Sasha, Lic. #BK3339010

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