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INVESTMENT OFFERING

SAB Capital is pleased to exclusively present the opportunity to acquire the Ford’s Garage restaurant located at 1415 Rinehart Road in Sanford, Florida. This newly constructed, 9,772-square-foot freestanding building sits on 2.3 acres in one of North Orlando’s most prominent and active retail corridors.

The asset is backed by a brand-new absolute NNN lease with more than 17 years of term featuring 10% rental escalations every five years, providing investors with passive, inflation-protected income. Additionally, the lease includes a 6% percentage rent kicker on gross sales exceeding $6.6 million, offering meaningful upside potential. Ford’s Garage is a growing, proven concept with over 30 locations across Florida, the Eastern Seaboard, and the Midwest.

Strategically positioned at the signalized intersection of Rinehart Road and WP Ball Boulevard, the property offers exceptional visibility and accessibility, including direct exposure to over 44,600 vehicles per day via nearby SR-417. The site includes two-way ingress/egress and is supported by 116+ dedicated parking spaces. It is surrounded by an impressive lineup of national retailers and dining destinations—Walmart, Target, Best Buy, Panera, Texas Roadhouse, Chick-fil-A, and more—creating constant consumer traffic and reinforcing the area’s strength as a regional retail destination.

Located just minutes from major attractions such as the Central Florida Zoo & Botanical Gardens and Lake Monroe, the site benefits from strong regional draw. Within a three-mile radius, the property serves a dense population of over 64,000 residents with an average household income of $111,786, representing a desirable and expanding consumer base.

The combination of long-term in-place income, prime real estate fundamentals, and favorable demographics positions 1415 Rinehart Road as a compelling investment opportunity in a thriving Central Florida market.

  • New Absolute NNN Lease | Brand-new construction with a 17+ year Absolute NNN lease featuring 10% rental increases every 5 years. Zero landlord responsibilities provide a fully passive income stream with no capital expenditure risk.
  • Percentage Rent Upside | Lease includes 6% overage rent on gross sales exceeding $6.6 million, offering additional income potential aligned with Ford’s Garage’s strong average unit volumes.
  • Dense, High-Traffic Retail Corridor | Strategically located on Rinehart Road in a major retail node featuring over 1.5 million SF of national retailers including Walmart, Target, Best Buy, Starbucks, and Chick-fil-A, to name a few.
  • Excellent Visibility | Two-way access and 25,500+ VPD on Rinehart Rd and proximity to SR-417 (44,600+ VPD).
  • Booming Rent Growth Submarket | Located in the Sanford submarket, which has posted 4.5% YOY rent growth and averaged 4.9% annually over the past ten years.
  • Brand-New Construction | 2025 construction, the building offers a modern layout and turnkey condition, ideal for investors seeking long-term stability.
  • Expanding Tenant with Strong Brand Presence | Ford’s Garage is a rapidly growing, experiential dining concept with a strong following, themed around vintage automobiles and American classics.
  • Report Unit-Level Financials | Ford’s Garage reports financials, providing detailed visibility into the operations of the individual site.

Tenant Price Cap Rate Lease Type Square Feet Status
Ford's Garage $6,787,946 5.75% Absolute NNN 9,772 Available

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