Action Gator Tire Orlando, Florida

$3,995,000
Cap Rate: 5.77%
Available
Property type: Single-Tenant Net Lease

Property Details

Cap Rate: 5.77%
Price: $3,995,000
Rentable Square Feet: 6,800
Annual Rent: $230,400
Price PSF: $587.50
Land Area: 1.0+/- Acres
Year Built: 2020
Lease Guarantor: Corporate
Lease Type: NNN
Lease Term: 20 Years
Option Periods: 2, 5-Year Options
Rent Increases: 5% Every 5 Years
Lease Expiration: 10/31/2040 est.

8002 Osceola Polk Line Road
Davenport, FL 33896 (Orlando MSA)

Investment Highlights

  • New, 20-Year, NNN Lease with Two, Five-Year Renewal Options
  • 5% Rent Increases Every 5 Years Throughout the Base Term and Option Periods
  • Action Gator Tire Has Been Operating for Over 55 Years Serving the Auto-Related Needs of Central Florida
  • Brand New Location; Scheduled to Open November 2020
  • Significant Development of New Multifamily Projects in the Immediate Area
  • Located Next to 40-Acre Mixed Use Development Including Luxury Apartments, Town Homes, Retail and First-Class Restaurants
  • One Mile from Interstate 4 With a Daily Traffic Count of 125,000 Vehicles

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new Action Gator Tire in a high growth submarket of the Orlando, FL MSA. This Action Gator Tire offers a new, 20-year, corporate guaranteed, triple net lease. The lease features two, five-year renewal options with five percent rent increases every five years throughout the base term and option periods. This is a brand-new location, scheduled to open in November 2020. Action Gator Tire has been operating for over 55 years, serving the auto-related needs of Central Florida.

The submarket (Davenport) is experiencing explosive growth, and significant development of new multifamily projects in the immediate area surrounding the subject property which residents will provide a great base of customers for auto-related service. This Action Gator Tire is located next to a 40-acre mixed use development including luxury apartments, town homes and retail. New retail tenants in the area include Aldi, Wawa, Taco Bell and Tire Kingdom.

The subject property is adjacent to a Publix-anchored shopping center, with other surrounding national retailers including Anytime Fitness, Olive Garden, Long Horn Steakhouse, McDonald’s, Subway, Dunkin Donuts, Chili’s Grill & Bar, Orlando Ale House, Wendy’s, Wells Fargo, Walgreens, CVS and others. The property is one mile from Interstate 4 with a daily traffic count of 125,000 vehicles.

The subject property is nine miles from Walt Disney World. Davenport is part of the Orlando metro area which is one of the largest and fastest growing areas in Florida and has a population of more than 2.4 million residents. Nearby attractions at ChampionsGate include Four-Diamond Omni Resort with more than 700 rooms, the Villas at ChampionsGate and Mystique Golf Resort; and one mile from the subject property, Orlando Health is developing 25-acres for a new medical campus with more than 2,000 employees.

If new browser tab does not open to download the OM, make sure to check that your pop-up blocker is disabled.
You may also contact us at: 954-245-3592 or Click Here to Send Email

For More Information, Download OM: Click Here

Download Barry Wolfe V-Card

Download Alan Lipsky V-Card

Download FilePlease Submit your Email to Download.

7-Eleven - Boca Raton FLPlease Submit your Email to Download.

7-Eleven - Kissimmee, FLPlease Submit your Email to Download.

Download FilePlease Submit your Email to Download.

Download FilePlease Submit your Email to Download.

Aaron's & NAPA OM - Fresno, CAPlease Submit your Email to Download.

Aaron's OM - Bakersfield, CAPlease Submit your Email to Download.

Aaron's OM - Hanford, CAPlease Submit your Email to Download.

Aaron's OM (Douglas, GA)Please Submit your Email to Download.

Action Gator Tire - Clermont, FLPlease Submit your Email to Download.

Action Gator Tire - The Village FLPlease Submit your Email to Download.

Action Gator Tire OM (Davenport, FL)Please Submit your Email to Download.

Advance Auto - Jacksonville FLPlease Submit your Email to Download.

Arbys - Bellevue OHPlease Submit your Email to Download.

Arcadia Crossing - Arcadia FLPlease Submit your Email to Download.

Download FilePlease Submit your Email to Download.

Burger King - Chattanooga TNPlease Submit your Email to Download.

Burger King OM (Cape Coral, FL)Please Submit your Email to Download.

Chipotle OM (Hiram, GA)Please Submit your Email to Download.

Cracker Barrel OM - Riverview, FLPlease Submit your Email to Download.

Curaleaf OM (Tampa, FL)Please Submit your Email to Download.

CVS - Poulsbo WAPlease Submit your Email to Download.

Dairy Queen - Hereford TXPlease Submit your Email to Download.

Dollar General - Lakeland FLPlease Submit your Email to Download.

Dollar General - Minneola, FLPlease Submit your Email to Download.

Family Dollar Fresenius - Memphis TNPlease Submit your Email to Download.

Farm Stores OM (Lafayette, LA)Please Submit your Email to Download.

Goodyear - Orange Park, FLPlease Submit your Email to Download.

Hallandale Beach Shops OM (Hallandale Beach, FL)Please Submit your Email to Download.

Hallandale Plaza - Hallandale Beach FLPlease Submit your Email to Download.

Hardees OM - Ocala, FLPlease Submit your Email to Download.

Hibbett Sports - Vernal, UTPlease Submit your Email to Download.

IHOP - Oakland Park, FLPlease Submit your Email to Download.

Jiffy Lube OM (Houston, TX)Please Submit your Email to Download.

McDonalds - Brooklyn NYPlease Submit your Email to Download.

Moorhouse Professional Plaza - West Palm Beach, FLPlease Submit your Email to Download.

Mount Sinai Cardiology - Key West, FLPlease Submit your Email to Download.

Needham Gateway Shops - Needham MAPlease Submit your Email to Download.

OReilly Auto OM - Franklin Park ILPlease Submit your Email to Download.

OReilly Auto OM - Merrillville INPlease Submit your Email to Download.

Outback OM (Kissimmee, FL)Please Submit your Email to Download.

Palm Plaza - Delray Beach, FLPlease Submit your Email to Download.

Panera Bread - Fayetteville NCPlease Submit your Email to Download.

Panera Bread - Garner NCPlease Submit your Email to Download.

Panera Bread - Grand Haven, MIPlease Submit your Email to Download.

Panera Bread - Mesa AZPlease Submit your Email to Download.

Panera Bread - Midlothian VAPlease Submit your Email to Download.

Panera Bread - Suffern, NYPlease Submit your Email to Download.

Panera Bread - Suffolk VAPlease Submit your Email to Download.

Panera Bread - Tulsa OKPlease Submit your Email to Download.

Panera Bread - Woodstock ILPlease Submit your Email to Download.

Panera Bread Muncie, INPlease Submit your Email to Download.

Panera Bread OM - Goodyear, AZPlease Submit your Email to Download.

Panera Bread OM (Rocky Mount, NC)Please Submit your Email to Download.

Panera Bread OM (Plattsburgh, NY)Please Submit your Email to Download.

Peter Piper Pizza OM - North Lauderdale FLPlease Submit your Email to Download.

Pier 1 Imports OM - Sebring, FLPlease Submit your Email to Download.

Redevelopment Opportunity - Tallahassee FloridaPlease Submit your Email to Download.

Republic Bank - New Port Richey, FLPlease Submit your Email to Download.

Rite Aid OM (Richmond, VA)Please Submit your Email to Download.

River Region - Jacksonville FLPlease Submit your Email to Download.

Riverview Plaza - Riverview FLPlease Submit your Email to Download.

Riverview Station OM - Riverview, FLPlease Submit your Email to Download.

Sample Road Plaza OM - Coral Springs, FLPlease Submit your Email to Download.

Sea Fan Plaza - Lauderdale by the Sea FLPlease Submit your Email to Download.

Shop Rite OM - LONG ISLAND, NYPlease Submit your Email to Download.

Shoppes at Lorraine Corners OMPlease Submit your Email to Download.

Shoppes on Old Dixie - Vero Beach, FLPlease Submit your Email to Download.

Shoppes on Old Dixie - Vero Beach FLPlease Submit your Email to Download.

Taco Bell - Chiefland FLPlease Submit your Email to Download.

Taco Bell - Hwy 90 - Lake City FLPlease Submit your Email to Download.

Taco Bell - Live Oak FLPlease Submit your Email to Download.

Taco Bell - MacClenny FLPlease Submit your Email to Download.

Taco Bell - Starke FLPlease Submit your Email to Download.

Taco Bell - SW Main - Lake City FLPlease Submit your Email to Download.

Taco Bell OM - Wesley Chapel, FLPlease Submit your Email to Download.

Tire Choice - Ocala FLPlease Submit your Email to Download.

Tire Choice OM - Lehigh Acres, FLPlease Submit your Email to Download.

Walgreens - Delray Beach FLPlease Submit your Email to Download.

Walgreens - Gainesville, FLPlease Submit your Email to Download.

Wawa - Coral Springs, FLPlease Submit your Email to Download.

Wawa - Miami, FLPlease Submit your Email to Download.

Wawa OM (Hialeah, FL)Please Submit your Email to Download.

Wendys OM - Zephyrhills FLPlease Submit your Email to Download.

West Dixie Plaza - Miami FLPlease Submit your Email to Download.

Zaxby's - Brooksville, FLPlease Submit your Email to Download.