2 Property/2 Tenant ~ 7% CAP Rate Investment
3145 and 3165 N. John Young Parkway, Orlando, Florida 32804
Sold: $5,100,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
14,880 sqft
Land Size
2.46 acres
Zoning
IC/W
Property Description
- Showing By Appt Only... Do Not Disturb Tenants
- Multi-Year NNN Lease with 2 Credit Tenants
- 2 Buildings totaling 14,880 SF on 2.46 Acres Zoned IC/W
- $353,112 combined NOI for both buildings with 3% annual increases
- Building 1: 3145 N. John Young Parkway: 8,280 SF building
- $21,000 NNN a month with 3% annual increases for Building 1
- Building 2: 3165 N. John Young Parkway: 6,600 SF building
- $7103 NNN a month with 3% annual increases for Building 2
- Owner responsible for roof/structure only
- Existing Large Pole Signage and Building Signage for both properties
- High Traffic Exposure with over 50,500 Cars per Day
