12315 Narcoossee Road
Orlando, FL 32832
Longhorn Steakhouse · Retail Property For Sale

STRONG NATIONALLY RECOGNIZED TENANTS LONG-TERM GROUND LEASES WITH MULTIPLE OPTIONS PHENOMENAL LOCATION IN A THRIVING SUBMARKET
• The offering features Darden brand restaurant Longhorn Steakhouse.
• Darden (NYSE: DRI) is the world’s largest full-servicerestaurant company with over 1,800 restaurant locations and over 175,000 employees.
• There are over 564 LongHorn Steakhouse locations in the U.S.
• Longhorn is a high performer and among the most successful of their respective types.
• Darden has a credit rating of BBB on the S&P, and a rating of Baa2 on Moody’s.
LONG-TERM GROUND LEASES WITH MULTIPLE OPTIONS
• Multiple option periods, extending their leases for an extra 30 years.
• Zero landlord responsibility.
• Absolute Net Lease.
• 1st 10% rent increase is in 3 years.
PHENOMENAL LOCATION IN A THRIVING SUBMARKET
• Located with high visibility along Narcoossee Rd, which is the main artery through Lake Nona and sees 57,500 AADT.
• Just one (1) mile from Interstate 417, which provides access to the International Airport and Disney World.
• Lake Nona is a booming submarket, with incredible demographics, a large retail presence and many corporate headquarters, hospital campuses, and technology firms.
• Lake Nona’s medical city is Orlando’s fastest-growing,most innovative master-planned community encompassing
7,000 acres.
• Features Nemours Children’s Hospital, M.D. Anderson Orlando’s Cancer Research Institute, Orlando VA Medical Center, University of Central Florida’s new College of Medicine and Health Sciences campus, and more.
• Close to 58,000 cars per day drive by this property day and night and the area continues to grow rapidly.