Retail

7663 International Drive, Orlando, FL - Gift Shop

7663 International Dr Orlando, Florida United States 32819-8263
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Building Area

Property Description

Jones Lang LaSalle (JLL) Net Lease Advisory is pleased to exclusively offer a premier net lease opportunity to acquire a single tenant Gift Shop, strategically located at 7663 International Drive in Orlando, Florida, in the heart of Central Florida’s highly sought-after International Drive, and surrounded by over $5 Billion in planned and approved developments, including Universal Studios Epic Universe, the SkyPlex, Icon Park, Pointe Orlando, and countless other entertainment and hospitality destinations. 

The property’s trade area is trophy real estate within one of the nation’s top hospitality and retail corridors. With more than 60,000 hotel rooms in a 3 mile radius, countless national and regional restaurant chains and retailers, and a number of new residential developments, the Property is well-positioned to be a strong performing asset in any investment portfolio. 

Investment Highlights

  • Long-term, triple net (NNN) lease with 4 years of term remaining
  • A gift shop has been operating at this location since its development in 1982 and the current tenant is in their first five-year option after completing their initial ten-year lease, demonstrating a commitment to the location
  • Rare opportunity to acquire a well-located asset on the highly sought-after International Drive at a below-market (higher) cap rate
  • This is the first gift shop that tourists encounter north of Sand Lake Road, providing the tenant with strong pedestrian traffic
  • Restaurants and retailers on International Drive consistently rank as the top producing stores in their respective chains
Last Updated Date: 24 Nov 2020
John Krzyminski
John Krzyminski
Senior Director, Capital Markets
License details
FL - 3318570
Max Krzyminski
Max Krzyminski
Director
License details
FL - 3391790

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Last Updated Date: 24 Nov 2020

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