Majestic Restaurant Lounge And Event Center
Property Details
Property Description
DESCRIPTION
Realty Capital is proud to present the Majestic Event Hall to market. This offering consists of over 20,000 feet of nightclub/event hall zoned building that sits on over 2.75 acres. The property has over 200 feet of frontage on John Young Parkway which is one of the main N/S roads in Orlando. The site is minutes from the heart of downtown Orlando and has been an event hall for many years. The site would be perfect for a restaurant, night club, event hall or even a daycare.
The current tenant is on a M-T-M lease and could be renewed or replaced depending on rental needs. Please contact Saxon Evans for more details. Similar locations in Orlando rent for between $13-$15 a foot NNN. The tenant has requested a 5 year renewal with a personal guarantee but this would be up to the new buyer.
HIGHLIGHTS
- Close to Downtown Orlando
- Heavy Day and Night Time Traffic
- Concrete Construction With Very High Parking
- Ratio