15 YEAR NNN Investment Opportunity
1790 Lee Road, Orlando, Florida 32810
Sold: $1,750,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
14,672 sqft
Land Size
1.08 acres
Zoning
Commercial
Parking
Ample
Property Description
- 14,672 SF Retail Facility leased to a high-end Home Design Center
- Largest Home Design Center in Central Florida (www.Arteek.com)
- Tenant sells high-end brands such as Sub-Zero, Wolf, Viking, TOTO, LG, Kohler, Benjamin Moore Paints and others
- New 15 year lease starting 01/01/2017
- Tenant invested over $800,000+ tenant improvements
- Current NOI is $192,000 ($13.00 NNN)
- 1.08 acre site zoned Commercial with ample parking
- Great building signage and large pole sign
- 42,000 vehicles/day
- Sales Price: $1,920,000 (10% Cap Rate)
- CONFIDENTIAL LISTING, NO SITE VISITS WITHOUT BROKER
Location
Contact
Vincent F. Wolle, CCIM, SIOR
Results Real Estate Partners, LLC
Office: (407) 647-0200
[email protected]