For Sale
$1,450,000

2011 Orange AveOrlando, FL 32806

Orlando Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This 2,873 square foot, multi-tenant retail storefront in Orlando, FL, presents a value-add investment opportunity. Located at 2011 S Orange Ave, this single-story, 1954-built property sits on a 0.11-acre lot (APN: 01-23-29-2100-02-160) and features three units under a NNN lease. The property boasts a strong pro-forma NOI of $104,370, translating to a 7.20% cap rate, and is priced at $1,450,000. Situated in Orlando's SoDo district, across from Orlando Health, a major hospital, and surrounded by national retailers, this location benefits from significant recent public and private investment exceeding $1 billion since 2008. The area's strong demographics, including over 14,000 residents within a one-mile radius with average household incomes over $110,000, ensure high tenant demand. The property's zoning is MU-1/T/SP, making it suitable for various retail uses. This offering presents a rare low-entry point in a high-rent metropolitan area, ideal for owner-operators seeking SBA financing. The property's easily leasable spaces with small unit sizes ensure manageable turnover.

Highlights

  • Value-add opportunity with available renovation budget.
  • SBA financing eligible, ideal for owner-operators.
  • Attractive cap rate above market average.
  • Low entry point in a high-rent metropolitan area.
  • Across from Orlando Health, a major hospital.
  • Strong SoDo location with significant recent investment and major employers.

Property Details for 2011 Orange Ave

Property type
Retail properties, Retail space
Square Feet
2,873 SF
Year Built
1954
Buildings
1
Stories
1
Lot Size (sq. ft)
4,792 SF
Units
3

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.518751053596
Longitude
-81.376475717073
2011 Orange Ave, Orlando, Florida

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2011 Orange Ave
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