Sage Dental

12990 Tanja King Blvd, Orlando, FL 32828

Description Franklin Street is pleased to present Sage Dental located within the Avalon Park master planned community in Orlando, Florida. The property sits at the intersection of Tanja King Blvd and Avalon Park Blvd, which sees a combined 25,500 AADT. Publix Super-Market is another main attraction along Avalon Park Blvd. which attracts 1.1M visits annually, with a typical visitor personal income between $100K-$125K. Sage Dental has 10 years remaining on their current lease, coupled with 12% rent increases every 5 years. Overall, this asset presents an excellent opportunity for a passive investor to own a low maintenance asset within a strong submarket in Orlando, FL. Highlights Brand new 10 year NNN lease with strong 12% rent escalations every 5 years throughout the base term and option periods Corporately Guaranteed lease with over 90 current locations which is expected to grow to 120 locations by year end 2022 Avalon Park is 1,860 acre master planned community which features 1,400+ multifamily units planned or built, 3,400+ single family homes planned or built and $500,000+ SF of commercial space Situated directly across from Publix (1.1 million visits over the past 12 months, via Placer.ai), CVS, Fairwinds Credit Union, 7-Eleven, Goodwill, and Subway Convenient cross-parking access is available throughout the planned development along with six exclusively dedicated tenant parking spaces Newly renovated building with extensive medical infrastructure being added by the tenant The surrounding area boasts an average household income of over $100,000 and is expected to see an increase in population by 8% by 2025 Well suited at a hard corner intersection in downtown Avalon Florida has no state income tax

Contact

Broker or Owner Contact
Auxtin Levison
,
Phone: (813) 559-2021
auxtin.levison@franklinst.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 611
Building Size 4023
Site Size (acres)
Zoning
Year Built 2005
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 3056940
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5125022
Longitude -81.1542053
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider