1051 W SAND #ONE  •  $5,000,000
ORLANDO, FL 32809

$5,000,000
25298.00
3.03

25,000 SF COMMERCIAL BUILDING located on 3+ ACRES of LAND next to FLORIDA MALL, a Prime Location, is available for investors and developers to acquire. Currently, the building is leased to an entertainment center. The lease term is ended on Dec 2023 with 5-year option. If the new buyer wants to terminate the lease, the Seller will help to work out the agreement. ABLE TO BUILD AN ADDITIONAL BUILDING of 7,000 - 10,000 sf on the side. Since the Restaurant Rental Rate in this area is very high (vs. all other industries' rate), it's better to rent out the new building for restaurant tenant. This potential income would bring a big increase in the CAP rate for the new owner. A MUST SEE PROPERTY. BRING YOUR OFFER.For showing: Appointment only. DO NOT DISTURB TENANT. -Located next to Florida Mall, the largest shopping center welcoming more than 20 million visitors each year and creating thousands of new jobs for the area. Some of them are $460 million Skyplex Complex, $400 million iSquare Mall & Hotel, Topgolf Orlando, Andretti Indoor Karting $ Games, etc. - Within 5-mile radius of Multi-Million Businesses and Approved Projects. -Excellent Corner Exposure with 42,000+ cars per day

Listed By: PARTNERSHIP REALTY INC


  • MLS #: S4851750
  • Acres: 3.03
  • Taxes: $47565 for 2017
  • Built in 1998
  • A/C: Central Air
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