About this property
100% FULLY LEASED NEARLY NEW RETAIL CENTER
This fully leased retail center offers thirteen tenants, with separately metered utilities. This concrete block/stucco building was built in 2008 and has 88 parking spaces (4/1000) The center has been well maintained with minimum upkeep and final build out in 2014.
This is priced to sell at a true 8% Cap with a 2014 NOI of $154,000 (including vacancy rate!!!). Vacancy is short lived and rare in this center and in the surrounding area. 2015 NOI is running at $181,190, at sale price this is a 9.8 cap rate.
Huge signage with a big billboard and unit signs. Excellently located between SR 408 & Colonial Dr with terrific visibility and access, the demographics in this area are strong for retail with over 40,000 cars daily passing by. Within minutes to Downtown, Orlando Airport & I4.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 20,160 sqft
- Land Size
- 79,502 sqft
- Sewer
- City
- Water
- City
- Zoning
- C 1 & C2
- Electric
- Duke
- Year Built
- 2008
- Parking
- 88 spaces + Dumpster
- Construction
- Concrete Block
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
639 N. Pine Hills Road
Orlando, Florida 32808