Total Square Feet
±6,000 SF
Asking Price
$4,500,000
Orlando, Florida
Adjacent to International Drive
Total Square Feet
±6,000 SF
Asking Price
$4,500,000
STABLE CASH FLOW
• Sushi Kingdom recently signed a 10-year NN+ lease at the location, including two 5-year options to extend
• The tenant is responsible for all expenses relation to the property other than building and structure, minimizing landlord responsibilities for this asset
• Throughout the lease term and option periods, the lease includes 3% annual increases to rent, providing stable income
• The operator manages four Sushi Kingdom locations and 30 Juicy Crab locations, showing expertise and experience in the restaurant industry
• Tenant plans to renovate the building similar to their other locations with an estimated cost of $1,000,000
STRATEGIC LOCATION
• The asset is located on Westwood Boulevard near the intersection of International Drive
• The property is located within the I-Drive District of Orlando, one of the most visited destinations in the world and an important economic hub for the City of Orlando
• As of 2021, 12.9 million visitors to the I-Drive District spent $5.57 billion on transportation, lodging, food, entertainment, and shopping
• Nearby notable destinations include SeaWorld, Aquatica, the Orange County Convention Center, ICON Park, and Universal Studios
STRONG DEMOGRAPHICS
• 18,065 daytime population within a 1-mile radius
• $122,488 average household income within a 3-mile radius
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