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5405 Edgewater Dr
Orlando, FL 32810
10% CAP retail 5-years lease submit offers · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,827 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.33 AC
Zoning
C-1 - Retail/Restaurant/Commercial
Parking
25 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
105’ on Edgewater Dr
Amenities
- Bus Line
- Restaurant
- Security System
- Signage
About 5405 EDGEWATER DR , ORLANDO, FL 32810
Propery currently negotiated a lease with the tenant will generate a return of 9.81% Cap Rate and motivated Seller will be willing to sell at rare below replacement costs of $113 per square foot. Several retail building in the sub market are rented as much as $17 per square foot which will generate to an Owner 12% Cap Rate once Propery is leased at market Rate. Tenant is responsible for paying property taxes and property utilities makes it very easy to manage and collect excellent income producing property.
Property Taxes
| Parcel Number | 04-2229-0188-00-070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $508,885 |
Property Taxes
Parcel Number
04-2229-0188-00-070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$508,885
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