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Mel Laurn Square 639 N Pine Hills Rd 20,160 SF 100% Leased Retail Building Orlando, FL 32808 $6,280,244 CAD ($311.52 CAD/SF) 7.73% Cap Rate

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INVESTMENT HIGHLIGHTS

  • BUILDING HAVE BEEN MAINTAINED PROFESSIONLY, EVERYTHING HAS BEEN UPDATED, THE PARKING LOT, LIGHTING, ETC

EXECUTIVE SUMMARY

Located in the most desirable submarket in Orlando Florida.
This property is leased to church, Barbershop, daycare and retail. Tenant are willing to sign 3-5 years more lease with renewal options and escalate 5%.
Lots of parking is available. Great visibility and 479 feet of frontage on N. Pine Hills Rd.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $493,404,689 $24,474.44

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $493,404,689
Annual Per SF $24,474.44

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,160 SF
Building Class
B
Year Built
2008
Price
$6,280,244 CAD
Price Per SF
$311.52 CAD
Cap Rate
7.73%
NOI
$485,710 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.83 AC
Opportunity Zone
Yes
Zoning
C-2 - Retail.
Parking
88 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
479’ on Pine Hills

AMENITIES

  • Bus Line
  • Signage
  • Tenant Controlled HVAC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Botnaica San Miguel
  • Retailer
  • 3,020 SF
  • -
  • Triple Net
  • -
  • Cathederal of Praise International
  • Services
  • 9,320 SF
  • -
  • Triple Net
  • -
  • Educational Services
  • 6,260 SF
  • -
  • Triple Net
  • Oct 2015

SHIP PREPARATORY ACADEMY is committed to providing an education of excellence that meets each student's interests, abilities and needs within a common curricular framework and reflects and promotes an understanding of, and, appreciation for, diversity in the community as an integral part of school life.

  • Trendy Cuts & Styles Salon
  • Services
  • 1,560 SF
  • -
  • Triple Net
  • Feb 2026

Locally owned modern styles barber shop in Orlando, FL.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Botnaica San Miguel Retailer 3,020 SF - Triple Net -
Cathederal of Praise International Services 9,320 SF - Triple Net -
Educational Services 6,260 SF - Triple Net Oct 2015
Trendy Cuts & Styles Salon Services 1,560 SF - Triple Net Feb 2026

NEARBY MAJOR RETAILERS

Buddy's Home Furnishings
Bambu
Truist
Chase Bank
United Rentals
Golden Krust Caribbean Restaurants
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2229-7788-00-180
Land Assessment
$510,644 CAD (2025)
Improvements Assessment
$2,924,840 CAD (2025)
Total Assessment
$3,435,484 CAD (2025)
  • Listing ID: 28633041

  • Date on Market: 2023-06-01

  • Last Updated:

  • Address: 639 N Pine Hills Rd, Orlando, FL 32808

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