Retail Investment Property
13466 Landstar Boulevard Units 102 & 103, Orlando, Florida 32824
$878,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
3,300 sqft
Land Size
1.2 acres
Zoning
P-D
Property Description
- 3,300± SF business condo
- Located in the Landstar Business Center
- Current tenant is Nella's Bakery, Restaurant & Market
- 6.0% cap rate (year 5 of main lease term through December 2031 with two 5-year options); goes to 6.4% cap rate in January 2027
- Ample parking
- Building was fully renovated within the last 2 years
- Units are adjacent to Mavis Tires; Dunkin Donuts, Extra Space Storage and Kids R Kids are in the same center
- Near Florida's Turnpike and SR 417 (GreeneWay)
- Great exposure - 27,500 AADT - monument signage