$599,000

6401 Time Square Avenue #cu-18

ORLANDO FL, 32835

Description

***CALLING ALL INVESTORS!!!****Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 7.5% **NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE. First 2 years tenant is paying rent at $3,444 per month. After the 2 years, rent increases to $4,300 per month for the remaining 3 years with an additional 5% increase every year. ***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***. This marketplace/caf is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10,000 residential units, all in close proximity with no other similar business for competition in the residential areas. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price. ***As noted above, this is a personal-guarantee lease for 5 years with option to renew for additional 5 more years. ***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

Details

MLS#O5806701
Sub-TypeResale
StatusActive
Year2000
Days On Site93

Features

SQ Feet1,191
Building(s)1

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32835
Area32835 - Orlando/Metrowest/Orlo Vista
Listing VS Median (in 32835)
Price:
$599,000
low | high
Med:
$168,450
100% of Average
SqFt:
1,191
low | high
Med:
1,307
40.260285474391% of Average
$ / SqFt:
$503
low | high
Med:
$130
100% of Average
On Site:
93
low | high
Med:
58
100% of Average
Listing Updated: 11/19/2019
MLS Number: O5806701
Listing Provided By:
Hurchell Williamson  of  HAMPTON REALTY GROUP

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