13500 S John Young Parkway
Orlando, FL 32837
#A11302016
Description
The building measures 6,246 square feet, and the lot size is 13,672 square feet. This offering is a Triple Net (NNN) retail restaurant for sale in Orlando, Florida. This property is ideal as a cash flow investment and attractive as a 1031 Tax Exchange option. The tenant is a privately owned company that operates King Crab Seafood and Bar Restaurant. King Crab is subject to a ten-year, triple net lease (NNN), with roughly 7 years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years.
Location
Legal
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Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Luis Badillo LLC (#3068840)
Listing Office: Keller Williams Realty Premier Properties (#KWPP01)
