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13500 S John Young Pkwy

Orlando, Florida, 32837, United States

Property ID: #674893 // commercial
13500 S John Young Pkwy
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Traditional Sale
List Price:
$3,054,859.00
Icon - ft²
Icon 0.31 acres
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Address:
13500 S John Young Pkwy
City:
Orlando
State:
Florida
Zip Code:
32837
County:
Orange County
Country:
United States
Property Type:
Commercial
Additional Property Types:
Restaurant
Year Built:
2007
Lot Size:
0.31 acres
Data Source:
Miami MLS
MLS/Reference Number(s):
A11302016
Source Status:
Active
Source Property Type:
Commercial, Restaurant/Entertainment

Property Provided By

  • Luis Badillo LLC
  • Keller Williams Realty Premier Properties
  • +1 (305) 510-8610
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Property Information

The building measures 6,246 square feet, and the lot size is 13,672 square feet. This offering is a Triple Net (NNN) retail restaurant for sale in Orlando, Florida. This property is ideal as a cash flow investment and attractive as a 1031 Tax Exchange option. The tenant is a privately owned company that operates King Crab Seafood and Bar Restaurant. King Crab is subject to a ten-year, triple net lease (NNN), with roughly 7 years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years.

Directions

The property location is South of Highway 417 (Central Florida Greene Way) and exit 10. The Subject Property is 9 miles from Disney World, 11 miles from Orlando International Airport and 24 miles from Downtown Orlando.

Source Disclaimer

Miami MLS

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Courtesy of Keller Williams Realty Premier Properties.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last updated on 2024-05-21 02:21:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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