$3,054,859
Off Market

13500 S John Young Parkway

Orlando, FL 32837
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionCity Location
      • Stories1
    • Parking
      • Parking TypeCommon, Free Parking
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2007
  • Utilities / Energy Details
      • Sewer InformationPublic Sanitation
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyOrange County
  • Other
      • MLS #A11302016

Location

Carmen GarciaCarmen L Garcia