Mannys Original Chophouse Altamonte Springs FL 2018-06-08T08:16:23+00:00

Manny’s Original Chophouse

Altamonte Springs, FL

New 10 Year Lease Executed, To Commence February 2018

884 West State Road 436, Altamonte Springs, FL 32714

Price $3,833,000
Building Size 7,200 SF
Lot Size 1.13 AC
Year Built 1992
Status Available
Rentable SF 7,200 SF
Land Area 1.13 AC
Price Per Sq. ft. ####
Current Rent $230,000
Capitalization Rate 6.00%
Net Operating Income $230,000
Total Rentable Area 7,200 SF
Lot Size (Acres) 1.13 Acres

Exclusively Listed By:
Yanni Papadakis
(213) 943-1827

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Investment Highlights & Property Summary

Absolute Triple-Net (NNN) Lease | Four Personal Guaranties from High Net Worth Individuals

Outparcel to Target and The Home Depot

There are Two, Five-Year Renewal Options in Addition to the Base Term

Manny’s Original Chophouse, an Entity Backed by American Chophouse
Enterprises, LLC

New 10 Year Lease Executed, To Commence February 2018 (Store Open Date)

Ten Percent Rental Increase in Year Six