TotalCommercial.com
Improved Property

Multi-Tenant Investment Property

3240 W. Colonial Drive, Orlando, Florida 32808

Sold: $975,000
$95.69 / SF
Updated Sep 30, 2026
Categories Automotive

About this property

  • (2) Buildings totaling 10,189 SF, 100% leased
  • Existing tenants are on the 2nd round of renewal options
  • 3240: Rented to Rent N Roll and is 5,189 SF and 100% AC space
  • 3248: Rented to Low Price Auto Glass and is a 5,000 SF warehouse built in 2004 with 300 SF of office space
  • 1.03 acres zoned AC-2 (200' x 225' lot with 22 parking spaces)
  • Dual curb cut access points on both the east and west side of the site
  • Large pole sign and great building signage
  • Both Leases expire in 3 years with options to renew
  • Current rents are below market values leaving upside potential
  • Net Operating Income: $83,071
  • PRICED TO SELL FAST
  • Sales Price: $750,000 (11% CAP Rate)

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
10,189 sqft
Land Size
1.03 acres
Zoning
AC-2
Year Built
1985
Parking
22 Parking Spaces

Documents 1 file

3240-3248-W.-Colonial-Flyer-2015.pdf 987 KB

Last updated: Sep 30, 2026

Location

Address
3240 W. Colonial Drive
Orlando, Florida 32808
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.