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Sale Listings $2,150,000  

INVESTMENT OVERVIEW
Offering Price. $2,150,000
Projected Year 1 NOI. $112,958
Cap Rate. 5.25%
Price PSF. $742

INVESTMENT HIGHLIGHTS
Lease Type. Double-Net (NN)
Guarantee. Full term, franchisee
LL Responsibilities. Roof, structure (+HVAC Hungry Howie’s only)
Rent Growth. Scheduled increases throughout firm and option terms
Stable Anchor. Dunkin (60% of GLA) is leased through July 2039
Demographics. 2-mile population > 21K; 2-mile average HH Ince > $120K

PROPERTY OVERVIEW
Property. 2,897 SF; .88 acres
New Construction. Built in ’19 (roof warranty to be conveyed)
Unique Investment Opportunity. Dunkin + Hungry Howie’s, double drive-thru building with patios
Functional Square Footages & Bay Depths. 1,747 SF (45′ deep) and 1,150 SF (50′ deep)
Location. ‘To work’ side of W. Mitchell Hammock, 1/4 mile from 426, 1/2 mile from 417 and 1 mile from 434
Site. Prime pad of development.  Neighboring uses are Culver’s, Doodle Bugs Children’s Learning Academy and Christian Brothers (coming soon)
Access. Direct full in / full out + extended right in / right out to W. Mitchell Hammock
Parking. 188 shared spaces
Signage. Large monument + building
Traffic: ~ 40,000 VPD
Zoning. C-2, City of Oviedo

AREA OVERVIEW
Oviedo. Growing city, 20 minutes northeast of downtown Orlando
Surrounding Uses. 1/4 mile to Oviedo Medical Center + several national retailers
Universities. 4 miles to University of Central Florida + Seminole State College (Oviedo campus)
Transportation. 1/2 mile to 417, which is part of the beltway encircling the Orlando MSA

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