2807 South StOrlando, FL 32803

  • Retail properties
  • 3,272 SF
For Sale
$1,751,040 View listing

Property Details for 2807 South St

Year built
2022
Lot size
0.30 AC
Property size (Sq ft)
3,272 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

Exceptional triple-net lease investment opportunity in Orlando's desirable Milk District. This 3,272 square foot, single-story building, constructed in 2022, boasts a 6.25% cap rate and a strong NOI of $109,453. The property sits on a 0.3-acre lot and includes 15 dedicated parking spaces, exceeding 4.6 spaces per 1,000 square feet. The current tenant operates under a full triple-net lease, ensuring all expenses are passed through, including property management. The building features a newly installed roof (2022) with a 5-year warranty, a newly installed grease trap with over 250-gallon capacity, and current occupancy permits seating for over 60 patrons. The property is zoned MU-1/T/AN and presents a compelling opportunity for long-term investors seeking a low-maintenance, high-return investment with potential for future value-add improvements. The property's strong market appeal and existing infrastructure, including ample parking and a large grease trap, contribute to its significant investment potential. The asking price is $1,751,040, translating to $535.16 per square foot. This is a 100% occupied, stabilized investment with a proven track record.

2807 South St, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.539
Longitude
-81.3468

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