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4857 Edgewater Dr
Orlando, FL 32804
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,280 SF
Building Class
B
Year Built/Renovated
1987/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.41 AC
Zoning
C-2
Parking
12 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
About 4857 EDGEWATER DR , ORLANDO, FL 32804
7,280 SF (6 Bay) Configuration Leased to a Credit Tenant Currently the Tenant has 4 Locations and expanding across the State Absolute NNN Lease with ZERO Landlord Obligations 3% Annual Increases and Full Guarantees in place 22,440 SF Corner Lot Zoned C-2 (corner of Edgewater Drive and Lee Road with access on both roads) Large Pole and Building Signage, Near HW 50, I-4, 441, 17-92, & Maitland Blvd (close to College Park) 9 Years left on base term lease with (3) Five (5) year options to renew Owner may hold some paper (see broker for details) NOI is $86,520 Sales Price: $1,350,000 (6.4% Cap Rate)
Property Taxes
| Parcel Number | 03-2229-2628-11-020 | Improvements Assessment | $656,960 |
| Land Assessment | $400,554 | Total Assessment | $1,057,514 |
Property Taxes
Parcel Number
03-2229-2628-11-020
Land Assessment
$400,554
Improvements Assessment
$656,960
Total Assessment
$1,057,514
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