Taco Bell has occupied this newly constructed, 2,600 SF NNN property, featuring one of their latest prototypes, since it was developed in 2023. The property is an outparcel to the Hamlin Town Center, the premier town center serving the affluent suburban communities within Southwest Orlando.
Situated at 5201 HamlinGroves Trail, the property boasts visibility along a primary north-souththoroughfare and outstanding co-tenancy, including one of the highest performing grocery anchors in the region, Publix, a Walmart Supercenter, and a 10-screen Luxury Cinema, Cinepolis. Taco Bell executed a new twenty-year ground lease with rent commencing in December 2022. The lease includes four (4) five (5) year options with 10% rent escalations every five years through the initial term and at the beginning of each option period. Taco Bell currently pays $90,000 annually, offering investors an unmatched combination of new construction, premier tenancy, and passive long-term cash flow.
ATTRACTIVE RENTAL INCREASES
10% rent increase every 5-years throughout the initial term and at the beginning of each option period
NNN GROUND LEASE
NNN Ground Lease affords investors zero landlord responsibilities and a passive income stream
AFFLUENT DEMOGRAPHICS
85,000 People earning over $140,000 within a 5-mile radius
EASY ACCESSIBILITY
State Road 429 and future road connections to Lake County drive demand to Hamlin
HIGH BARRIER TO ENTRY
Limited commercial opportunities in trade area
LOCATED IN HIGH TRAFFIC RETAIL CORRIDOR
Hamlin Town Center boasted 6M visitors in the last 12 months (Placer.ai)