For Sale
$1,600,000

5815 Orange Ave Orlando, FL 32809

High-Yield Multi-Tenant Investment

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 5,950 square foot multi-tenant retail storefront, located at 5815 S Orange Ave in Orlando, Florida (32809), presents a compelling investment opportunity. Boasting a 7.00% cap rate and a substantial net operating income (NOI) of $112,000, this stabilized property offers a secure and profitable return. The building, constructed in 1956 and renovated in 1980, sits on a spacious 13,368 square foot lot and is zoned C-1, allowing for a variety of uses. Currently, the property enjoys 100% occupancy with four tenants under gross leases. The single-story building provides 5,950 square feet of leasable space, making it an ideal investment for those seeking a diversified portfolio. The property's strong performance, prime location in Orange County, and flexible zoning make it an attractive option for both seasoned investors and those new to commercial real estate. The property's assessed parcel number (APN) is 24-2329-3404-00-023. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a thriving Orlando market. The asking price is $1,600,000.

Highlights

  • $1,600,000 asking price for a stabilized, multi-tenant retail storefront.
  • 7.00% cap rate with a $112,000 NOI.
  • 5,950 square feet, 100% occupied by four tenants under gross leases.
  • Located at 5815 S Orange Ave, Orlando, FL 32809, on a 13,368 square foot lot.
  • Single-story, 5,950 SF building built in 1956, renovated in 1980, with C-1 zoning.

Property Details for 5815 Orange Ave

Property type
Retail properties, Retail space
Square Feet
5,950 SF
Year Built/Renovated
1956/1980
Buildings
1
Stories
1
Units
4

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.473755151276
Longitude
-81.369515593159

FAQs

What type of property is this?
Retail property - High-Yield Multi-Tenant Investment
Where is the retail property located?
The property is located at 5815 Orange Ave Orlando, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: $1,600,000 asking price for a stabilized, multi-tenant retail storefront.; 7.00% cap rate with a $112,000 NOI.; 5,950 square feet, 100% occupied by four tenants under gross leases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5815 Orange Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message