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Single Tenant Optical

  SOLD April 2023 for $840,000

1311/1313 E. Michigan Street, Orlando, Florida 32806

Building Size1,912 Square Feet
Land Size0.23 Acres

FOR SALE AT $895,000

  • One-story, 1,912 SF medical building on 0.23 AC
  • 5.36% initial CAP rate; tenant pays $4,000/month, NNN
  • New 5-year lease effective February 2022 with 3% annual increases
  • Current tenant is US Vision, founded in 1967
  • Zoned P-O, Professional Office, Orange County
  • Concrete block construction
  • High level of interior finish, marble, and millwork
  • High traffic count of 32,500 cars per day
  • Ample parking
  • RE taxes (2021) - $4,865.64
  • Easy access to Interstate 4 (I-4) and Orange Avenue

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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