Red Lobster

8003 Golden Sky Ln, Orlando, FL 32809

Description NNN Pro Group is pleased to present the exclusive listing for a Red Lobster located at 8003 Golden Sky Ln in Orlando, FL. The site consists of roughly 7,677 rentable square feet of building space on an estimated 2.18-acre parcel of land. This Red Lobster is subject to a long-term absolute triple-net (NNN) lease, which commenced October 28th, 2015. The current annual rent is $361,274 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options. Highlights About the Investment: ✓ Long-Term, Absolute Triple Net (NNN) Lease, Zero Landlord Obligations ✓ 15.5 Years Of Lease Term Remaining With 2.00% Annual Bumps ✓ Four (4), Five (5)-Year Tenant Renewal Options ✓ Corporate Tenant | Corporate Guarantee

Contact

Broker or Owner Contact
Adam Friedlander
,
Phone:
afriedlander@nnnpro.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 781
Building Size 7677
Site Size (acres)
Zoning
Year Built 1994
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 5780384
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.4500471
Longitude -81.3933376
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