BANK OWNED - Medical Office User/Investment
7221 Chancery Lane, Orlando, Florida 32809
Sold: $210,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,098 sqft
Land Size
16,500 sqft
Zoning
C-2
Year Built
1978
Parking
Ample
Cap Rate
11 %
Lease Type
270000
Property Description
Free standing Dental Office, ample treatment rooms and parking PLEASE NOTE THE CAP RATE IS BASED ON THE CURRENT TENANT SIGNING A LEASE @$15 NN. THIS IS A BANK OWNED PROPERTY AND AS SUCH HAVE THE TENANTS ON MONTH TO MONTH WITH 90 NOTICE TO TERMINATE BY EITHER PARTY. INVESTOR WOULD MAKE PURCHASE BASED ON A NEW LEASE TO BE SIGNED BY TENANT. CALL FOR MORE DETAIL.
Located just of Orange Blossom Trail north of Sand Lake Road