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Hooters

Hooters
Make an Offer
Investment Offering

Tenant: Hooters
Premises: 4,620 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 12/31/2026
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Years

 

  • Absolute Triple Net Lease (NNN) with Over 9 Years Remaining
  • 10% Rental Increases Every 5 Years with Four (4) x Five (5) Year Options to Renew
  • Tenant Exercised Early Lease Extension Showing Long Term Commitment to Site
  • Excellent Traffic Counts of 82,000+ VPD at S. Kirkman Rd / Vineland Rd and Over 158,000 VPD Along I-4
  • Orlando’s Economy Benefits From A Globally-Recognized Tourism Industry That Sees 66 Million Visitors Annually
  • 2 Miles From The Mall At Millenia, IKEA, Best Buy, Costco, Walgreens and Target
  • 1 Mile From Universal Orlando, The Wizarding World Of Harry Potter and Several National Chain Hotels
  • 13 Miles to Walt Disney World Resort (Magic Kingdom Park and Epcot)
  • Surrounding Restaurants Include: Taco Bell, KFC, IHOP, Waffle House, McDonald’s and Wendy’s
  • 3 Miles From Coca-Cola Orlando Eye, The Tallest Observation Wheel on the United States East Coast
  • Central Florida Research Park is the 7th Largest Research Park in the Country With Over 1,025 Acres and Home to Over 120 Companies, Employs More Than 8,500 People and the Hub of the Nation’s Military Simulation and Training Programs
Tenant Overview

Hooters of America, LLC is the Atlanta-based operator and franchisor of over 430 Hooters locations in 28 countries. The privately held corporation owns 160 units.
The first Hooters opened October 4, 1983, in Clearwater, Florida, and has become one of the most well-known restaurant brands in the world. The casual beach-themed establishments feature music, sporting events on large flat screens, and a moderately-priced menu that includes seafood, sandwiches, burgers, salads, and Hooters’ original chicken wings. The brand is especially known for its food, and the world-famous Hooters girls.
During its history, the Hooters concept has remained true to its roots. The current logo, uniform, menu and ambiance are all very similar to what existed in the original store. This consistency is understandable given Hooters’ continued success and high ranking amongst the industry’s growth leaders.
Hooters’ new restaurant design is paving the way for the next 30 years of success by appealing to a broad range of customers. The design offers more contemporary seating and interior finishes as well as a stronger focus on the bar and television experience all while maintaining that fun, exciting atmosphere where customers can get a great meal and enjoy a beer while watching their favorite sporting event. Between new openings and remodels, 42 percent of the chain sports this new look.

Area Overview

Hooters

5300 S. Kirkman Road - Orlando, FL 32819

Contact Broker for Details

Status: Sold

Hooters

Max Freedman

512.766.2711
max@SIGnnn.com

Elan Sieder

512.649.5185
elan@SIGnnn.com

Andrew Ackerman

770.626.0445
aackerman@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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