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795 W Sand Lake Rd
Orlando, FL 32809
Northern Tool + Equipment · Retail Property For Sale
Investment Highlights
- 5+ Years Remaining | 20-Year Operating History | Naked Lease (Significant Upside Potential)
- Sand Lake Road Corridor | Visibility to 47,500 VPD
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Dense & Affluent Orlando Infill
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Northern Tool + Equipment investment property located in Orlando, Florida. The tenant, Northern Tool & Equipment Company, Inc has 5+ year remaining on their lease. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
25,152 SF
Building Class
C
Year Built
2006
Price
$7,887,488 CAD
Price Per SF
$313.59 CAD
Cap Rate
6.15%
NOI
$485,076 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
3.10 AC
Zoning
C-2 - General Commercial
Parking
121 Spaces (4.81 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 26-2329-0000-00-109 | Improvements Assessment | $4,520,004 CAD |
| Land Assessment | $3,239,452 CAD | Total Assessment | $7,759,456 CAD |
Property Taxes
Parcel Number
26-2329-0000-00-109
Land Assessment
$3,239,452 CAD
Improvements Assessment
$4,520,004 CAD
Total Assessment
$7,759,456 CAD
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