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Multi-Tenant Building - 1235 N Orange Ave 1235 N Orange Ave 9,916 SF 100% Leased Retail Building Orlando, FL 32804 $5,083,958 CAD ($512.70 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple NNN - 7% Cap Rate
- Directly in front of Gaston Edwards Park and Lake Ivanhoe and few miles north of Downtown Orlando
- Excellent visible location
- 100% Occupied by 3 tenants
- N Orange Ave with 19,700+ AADT
EXECUTIVE SUMMARY
Multi-Tenant Building located directly on N Orange Avenue near Mills Park on Ivanhoe Village with great visibility. Existing 9,916 square foot, two story building on 10,689 square foot. Close to The Yard At Ivanhoe development with 591 residential units and 45,000 SF commercial, and close to Lake House a 9-story Mixed Use building with 252 units. Less than a half mile from the 172 acre Florida Hospital Health Village, with more than 800 beds.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
9,916 SF
Building Class
C
Year Built/Renovated
1925/1975
Price
$5,083,958 CAD
Price Per SF
$512.70 CAD
Cap Rate
7%
NOI
$355,877 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.91
Lot Size
0.25 AC
Zoning
MU2/SPT, Orlando - Mixed-Use (MU)
Parking
9 Spaces (0.91 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Amanda Stone Hair Salon
- -
- 1,300 SF
- $3.22 CAD
- Triple Net
- Dec 2036
- Hyperbolic Brewing
- -
- 3,990 SF
- $4.04 CAD
- Triple Net
- May 2036
- The East Tattoo
- -
- 2,335 SF
- $3.39 CAD
- Triple Net
- Jul 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Amanda Stone Hair Salon | - | 1,300 SF | $3.22 CAD | Triple Net | Dec 2036 | |
| Hyperbolic Brewing | - | 3,990 SF | $4.04 CAD | Triple Net | May 2036 | |
| The East Tattoo | - | 2,335 SF | $3.39 CAD | Triple Net | Jul 2028 |
Walk Score®
Very Walkable (75)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-2229-4472-01-090 | Improvements Assessment | $2,146,576 CAD |
| Land Assessment | $440,119 CAD | Total Assessment | $2,586,695 CAD |
PROPERTY TAXES
Parcel Number
24-2229-4472-01-090
Land Assessment
$440,119 CAD
Improvements Assessment
$2,146,576 CAD
Total Assessment
$2,586,695 CAD
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Multi-Tenant Building - 1235 N Orange Ave | 1235 N Orange Ave
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