Last updated on August 12th, 2024
Multi-Tenant Office/Retail Center
$4,000,000 (6.4% CAP RATE)
6827 N. Orange Blossom Trail, Orlando, Florida 32810
Building Size | 16,945 Square Feet |
Land Size | 1.93 Acres |
Zoning | C-1 |
Parking | 4/1000 |
- 16,945 SF (10 suite) Shopping Center on busy Hwy 441
- 1.93 Acre site zoned C-1 with 4/1000 parking ratio (Orange County)
- Curb cut for easy access from either direction from the highway
- Suites sizes range from 1,200 Sf to 4,175 SF
- 92% leased to long term tenants that did major investment into their suites, most leases have 5% increases and new leases are CPI
- 1 vacant unit (1350 SF)
- Building and pylon signage, glass store front entry, new LED lighting
- Close to Rose Ave, Maitland Blvd, Edgewater Drive, Lee Rd and 429 located on Hwy 441 in Lockhart
- 4 of the tenants income comes from the State of Florida (School)
- 2022 renovations to include new paint, parking lot, landscaping
- NOI is $254,354 with 70% of the leases expiring in 2027-2030
- Sales Price: $4,000,000 (6.4% CAP Rate)
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.