Sonic | Kissimmee, FL | Low Rent
1051 Cypress Pkwy,
Kissimmee,
FL 34759
INCREDIBLE REAL ESTATE FUNDAMENTALS - Newer Construction - Built in 2018 - Huge Parcel - 1.28 Acres - Large Square Footage for a Sonic - 2,614 SF - Significantly below market rent for a quick service restaurant at $34.71 PSF - Easy to backfill if the tenant ever left - 44,500 Vehicles per day on Cypress Pkwy - Surrounded by national tenants - Incredible Demographics - Population: 3,042 (one-mile) | 42,670 (three-mile) | 77,030 (five-mile) LEASE - 16+ Years Remaining on Base Term - NNN - No Landlord Responsibilities - Annual 1.5% rent increases - Strong Guarantee / Operator - Four, 5-Year Options SONIC / QUALITY RESTAURANT GROUP - Sonic has over 3,500 locations across 47 states and 10,000+ employees - Quality Restaurant Group operates 350+ locations across multiple well-known brands, including Sonic, Pizza Hut, Arbys, and Moes Southwest Grill. - Quality Restaurant Group operates 76 Sonics across Florida and Alabama
Contact
Broker or Owner Contact
Reid
Thedford
Marcus & Millichap
,
Phone: 8133874726
reid.thedford@marcusmillichap.com
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
db9280bc-a5e9-4741-a5ef-5b1f772614ce |
Building Size |
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Site Size (acres) |
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Zoning |
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Year Built |
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Number of Drive-In Doors |
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Number of Dock-In Doors |
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Clearance Height |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
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Number of Parking Spaces |
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Parking |
no |
HVAC |
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Pricing
For Sale |
yes |
Sale Price |
1754000 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.1480188 |
Longitude |
-81.4451277 |
County |
Osceola County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
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Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
Sewer provider |
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Unused Data Points
status |
active |
businesspark |
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buildingtypes |
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contiguous |
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divisiblefrom |
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saleprice |
1754000 |
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loadbearing |
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multitenant |
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shovelready |
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networked |
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airportzone |
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revitalizationarea |
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description_lower_first |
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