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
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID db9280bc-a5e9-4741-a5ef-5b1f772614ce
Building Size
Site Size (acres)
Zoning
Year Built
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 1754000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.1480188
Longitude -81.4451277
County Osceola 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