For Sale
$1,495,000

6034 Orange Blossom Trl Orlando, FL 32809

High-growth, NNN-leased Jiffy Lube.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A, fee-simple investment opportunity presents a 850 square foot Jiffy Lube located on a 0.57-acre lot at 6034 S Orange Blossom Trl, Orlando, FL 32809. The property boasts a strong 100% occupancy rate with a highly favorable Absolute NNN lease in place with Jiffy Lube, guaranteed by South Bay Lube, Inc., Florida's largest Jiffy Lube operator. The lease, expiring August 30, 2034, offers a remaining term of approximately 9.8 years with built-in 2% annual rent increases, providing excellent inflation protection. The property generates a substantial NOI of $76,980, representing a 5.15% cap rate on the $1,495,000 asking price. Situated in a high-traffic area (50,500 vehicles per day) along Orange Blossom Trail, this location benefits from its proximity to major retailers like Walmart, Walgreens, and more. The surrounding area demonstrates robust demographics, with over 217,000 people residing within a 5-mile radius and an average annual household income exceeding $75,000. The property was built in 1995 and offers lease options for 3 or 5 years. This is a prime investment opportunity in a rapidly growing market, projected to experience nearly seven percent population growth within a 5-mile radius between 2023 and 2028. The property is suitable for a 1031 exchange.

Highlights

  • $1,495,000 asking price for this Absolute NNN Jiffy Lube in Orlando, FL.
  • 9.8 years remaining on the lease with 2% annual rent increases.
  • Lease guaranteed by South Bay Lube, Inc., Florida's largest Jiffy Lube operator.
  • Located on a high-traffic section of Orange Blossom Trail, near major retailers.
  • Strong demographics: over 217,000 people within a 5-mile radius, average household income exceeding $75,000.
  • 5.15% cap rate, $76,980 NOI.

Property Details for 6034 Orange Blossom Trl

Property type
Retail properties, Auto shops
Square Feet
850 SF
Class
A
Year Built
1995
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.4696351
Longitude
-81.3969953

FAQs

What type of property is this?
Retail property - High-growth, NNN-leased Jiffy Lube.
Where is the retail property located?
The property is located at 6034 Orange Blossom Trl Orlando, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: $1,495,000 asking price for this Absolute NNN Jiffy Lube in Orlando, FL.; 9.8 years remaining on the lease with 2% annual rent increases.; Lease guaranteed by South Bay Lube, Inc., Florida's largest Jiffy Lube operator.
How can I contact the broker?
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6034 Orange Blossom Trl
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