July 11, 2023 – Michael Talbert, Jarett Zackman and Charles Moody of Horvath & Tremblay have successfully completed the sale of a vacant former Pollo Tropical in Orlando, Florida. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $1,600,000.
The vacant building is located at 8412 S Orange Blossom Trail in Orlando, Florida. The property consists of a 4,952 square foot single tenant building that was formerly occupied by Pollo Tropical. The building was constructed in 1994 and is positioned on a 1.34-acre parcel. The building benefits from outstanding visibility and frontage Along Orange Blossom Trail (US Route 441) and features a drive-thru. Orange Blossom Trail sees more than 66,000 vehicles per day. The Property is strategically positioned along S Orange Blossom Trail (US Route 441), the area’s primary commercial and commuter corridor. The Property is just seconds from the Florida Mall, central Florida’s largest shopping center that is home to 250 retailers and restaurants and spans 1.8 million square feet. The Property is surrounded by national retailers and restaurants that drive traffic to the area, and several large manufacturing facilities and Industrial/Business Parks, providing a built-in customer base for any future tenant. The Property is just minutes from the Orlando International Airport, Universal Studios Florida, and Seaworld. Additionally, Epcot Center and Disney World are a short drive from the Property.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.