1051 W Sand , One

    Orlando, FL 32809
    • $5,000,000
    • STATUS: Active
    • ON SITE: 265 days
    • MLS #: S4851750
    UPDATED: 46 min ago
    $5,000,000
    • 0
      BEDS
    • 3.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 25,298
      SQFT
    • $198
      $/SQFT
    Type:
    Commercial
    Built:
    1998
    County:

    School Ratings & Info

    Listing information courtesy of Partnership Realty Inc.

    Description

    25,000 SF COMMERCIAL BUILDING located on 3+ ACRES of LAND next to FLORIDA MALL, a Prime Location, is available for investors and developers to acquire.Currently, the building is leased to an entertainment center. The lease term is ended on Dec 2023 with 5-year option. If the new buyer wants to terminate the lease, the Seller will help to work out the agreement.ABLE TO BUILD AN ADDITIONAL BUILDING of 7,000 - 10,000 sf on the side. Since the Restaurant Rental Rate in this area is very high (vs. all other industries' rate), it's better to rent out the new building for restaurant tenant. This potential income would bring a big increase in the CAP rate for the new owner.A MUST SEE PROPERTY. BRING YOUR OFFER.For showing: Appointment only. DO NOT DISTURB TENANT.-Located next to Florida Mall, the largest shopping center welcoming more than 20 million visitors each year and creating thousands of new jobs for the area. Some of them are $460 million Skyplex Complex, $400 million iSquare Mall & Hotel, Topgolf Orlando, Andretti Indoor Karting $ Games, etc.- Within 5-mile radius of Multi-Million Businesses and Approved Projects.-Excellent Corner Exposure with 42,000+ cars per day

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-18T21:41:16.273.
    www.beachislandgroup.com/homes/77044278

    1051 W Sand , One Orlando, FL 32809

    • Price: $5,000,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: S4851750
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.03
    Acres
    25,298
    SQFT
    $198
    $/SQFT
    1998
    Built
    Neighborhood:
    Orlando/Pinecastle/Oakridge/ Edgewood
    County:
    Orange
    Area:
    Orlando/Pinecastle/Oakridge/ Edgewood
    Property Description
    25,000 SF COMMERCIAL BUILDING located on 3+ ACRES of LAND next to FLORIDA MALL, a Prime Location, is available for investors and developers to acquire.Currently, the building is leased to an entertainment center. The lease term is ended on Dec 2023 with 5-year option. If the new buyer wants to terminate the lease, the Seller will help to work out the agreement.ABLE TO BUILD AN ADDITIONAL BUILDING of 7,000 - 10,000 sf on the side. Since the Restaurant Rental Rate in this area is very high (vs. all other industries' rate), it's better to rent out the new building for restaurant tenant. This potential income would bring a big increase in the CAP rate for the new owner.A MUST SEE PROPERTY. BRING YOUR OFFER.For showing: Appointment only. DO NOT DISTURB TENANT.-Located next to Florida Mall, the largest shopping center welcoming more than 20 million visitors each year and creating thousands of new jobs for the area. Some of them are $460 million Skyplex Complex, $400 million iSquare Mall & Hotel, Topgolf Orlando, Andretti Indoor Karting $ Games, etc.- Within 5-mile radius of Multi-Million Businesses and Approved Projects.-Excellent Corner Exposure with 42,000+ cars per day
    Exterior Features

    Lot Features Central Business DistrictNear Public TransitNeighbourhoodShopping Center Parking Over 30 Spaces Parking Features Over 30 Spaces Transportation Access AirportInterstateUs Highway Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Heating Central Building Water Source Public

    Property Features

    Additional Parcels Yn No Business Type CommercialRestaurantRetail Community Features Activity Core/Center Flood Zone Code X New Construction Yn No Property Condition Completed Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 47565 Tax Year 2017 Total Num Buildings 1 Utilities Electricity Connected Zoning C-2

    Listing information courtesy of Partnership Realty Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-18T21:41:16.273.
     
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    Listing information courtesy of Partnership Realty Inc.