1051 W Sand Unit: OneOrlando, FL 32809MLS Number S4851750

  • Price: $5,000,000
  • 486 Days on Market
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Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
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  • 3.03Acreage
  • 1998Year Built
  • 25298Square Feet

25,000 sf commercial building located on 3+ acres of land next to florida mall, a prime location, is available for investors and developers to acquire.Currently, the building is leased to an entertainment center. The lease term is ended on dec 2023 with 5-year option. If the new buyer wants to terminate the lease, the seller will help to work out the agreement.Able to build an additional building of 7,000 - 10,000 sf on the side. Since the restaurant rental rate in this area is very high (vs. All other industries' rate), it's better to rent out the new building for restaurant tenant. This potential income would bring a big increase in the cap rate for the new owner.A must see property. Bring your offer.For showing: appointment only. Do not disturb tenant.-located next to florida mall, the largest shopping center welcoming more than 20 million visitors each year and creating thousands of new jobs for the area. Some of them are $460 million skyplex complex, $400 million isquare mall & hotel, topgolf orlando, andretti indoor karting $ games, etc.- within 5-mile radius of multi-million businesses and approved projects.-excellent corner exposure with 42,000+ cars per day

Listing Courtesy of PARTNERSHIP REALTY INC

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More Info

Location

  • Address1051 W Sand Unit: One
  • Area32809 - Orlando, Pinecastle, Oakridge, Edgewood
  • TownOrlando
  • CountyOrange
  • StateFL
  • Zip32809

Water Body

  • Water ViewN
  • Has WaterfrontN

Building

  • Square Feet25298
  • Year Built1998
  • Approximate Age20

Utilities

  • Utilities AvailableElectricity Connected
  • Heat TypeCentral Building

Other

  • OwnershipCorporation
  • Tax Year2017
  • Mls List Date09/25/2017
  • Original Listing Price$4,000,000
  • ZoningC-2
  • Virtual TourClick Here
  • Annual Tax$47,565
  • View Count56

Property

  • Acreage3.03
  • List Price$5,000,000
  • MLS NumberS4851750
  • Property TypeRetail Commercial
  • Parking DescriptionOver 30 Spaces
  • Parking Spaces
  • Road Frontage DescriptionState Road
  • Lot DescriptionCentral Business District, Near Public Transit, Neighbourhood, Shopping Center
  • Square Feet Of Land132,156
  • Acres RangeTwo + to Five Acres
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
9145 Narcoossee Road
Orlando, FL 32827

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