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Holden Retail Center 1228 Holden Ave 3,000 SF 100% Leased Retail Building Orlando, FL 32839 $991,097 CAD ($330.37 CAD/SF) 6.50% Cap Rate
Executive Summary
- Rare opportunity to acquire a multi-tenant retail property for under $1M.
- Low-maintenance two-tenant retail investment.
- Both tenants operate under NNN leases with full expense reimbursements.
- Month-to-month laundromat lease creates immediate value-add potential.
- Drive-thru potential on the east side of the building (subject to approvals).
- Strong in-fill location with historically low retail vacancy rates.
- Dense surrounding population with over 20,000 residents within a 1-mile radius.
- Excellent opportunity for an owner-user to occupy a portion of the property.
- Below replacement cost investment opportunity.
- Well-positioned neighborhood retail center serving the surrounding residential community.
- Simple two-tenant configuration minimizes management complexity.
- Easy financing available through multiple commercial lending programs.
- Low-maintenance two-tenant retail investment.
- Both tenants operate under NNN leases with full expense reimbursements.
- Month-to-month laundromat lease creates immediate value-add potential.
- Drive-thru potential on the east side of the building (subject to approvals).
- Strong in-fill location with historically low retail vacancy rates.
- Dense surrounding population with over 20,000 residents within a 1-mile radius.
- Excellent opportunity for an owner-user to occupy a portion of the property.
- Below replacement cost investment opportunity.
- Well-positioned neighborhood retail center serving the surrounding residential community.
- Simple two-tenant configuration minimizes management complexity.
- Easy financing available through multiple commercial lending programs.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
1968
Price
$991,097 CAD
Price Per SF
$330.37 CAD
Cap Rate
6.50%
NOI
$64,420 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.30 AC
Zoning
C-2 - Commercial
Parking
22 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
99’ on Holden Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-2329-0000-00-060 | Improvements Assessment | $461,443 CAD |
| Land Assessment | $242,770 CAD | Total Assessment | $704,213 CAD |
Property Taxes
Parcel Number
15-2329-0000-00-060
Land Assessment
$242,770 CAD
Improvements Assessment
$461,443 CAD
Total Assessment
$704,213 CAD
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Holden Retail Center | 1228 Holden Ave
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