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Tires Plus - Orlando, FL 6603 W Colonial Dr 5,800 SF 100% Leased Retail Building Orlando, FL 32818 $3,685,825 CAD ($635.49 CAD/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Backed by Bridgestone Retail Operations, one of the largest tire and automotive service providers in the U.S.
- Situated on a 0.75-acre parcel featuring 5,800 SF of building area with multiple service bays and ample parking.
- Ideal for investors seeking a stable, hands-off income-producing asset backed by a National Credit Tenant.
- Located along West Colonial Drive (State Road 50), one of Orlando's most heavily traveled thoroughfares, with excellent visibility.
- Tires Plus has operated successfully at this location for decades.
- Just exercised the 5-year renewal option, showing commitment to the site.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the Tires Plus Total Car Care located at 6603 W Colonial Drive in Orlando, FL. This property presents an ideal opportunity for investors seeking a stable, hands-off, income-producing asset backed by a national credit tenant. Situated on a 0.75-acre parcel, the building features 5,800 SF of space with multiple service bays and ample parking.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
C
Year Built
2001
Price
$3,685,825 CAD
Price Per SF
$635.49 CAD
Cap Rate
5.15%
NOI
$189,820 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.75 AC
Zoning
P-D - Planned Development
Parking
16 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
101’ on Colonial Dr
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Tires Plus Total Car Care
- Retailer
- 5,800 SF
- $32.73 CAD
- Triple Net
- Mar 2031
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Tires Plus Total Car Care | Retailer | 5,800 SF | $32.73 CAD | Triple Net | Mar 2031 |
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-2228-6165-00-011 | Improvements Assessment | $840,084 CAD |
| Land Assessment | $818,133 CAD | Total Assessment | $1,658,217 CAD |
PROPERTY TAXES
Parcel Number
24-2228-6165-00-011
Land Assessment
$818,133 CAD
Improvements Assessment
$840,084 CAD
Total Assessment
$1,658,217 CAD
CONTACTS
-
Jess Kappelman -
Johnny Friberg -
Luke Wakefield -
Andrew Ackerman -
Sands Investment Group Austin, LLC
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Tires Plus - Orlando, FL | 6603 W Colonial Dr
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