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17211037
17211029

827 W Lancaster Rd, Orlando, FL 32809 For Sale

NG
FL SL3160895
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$2,750,000
826 days on market
Updated 12 days ago

827 W Lancaster Rd, Orlando FL 32809

Details
APN 23-23-29-0000-00-151
Property Type Land, Mixed Use (+2)
Sub Type Convenience Store, Gas Station (+1)
Square Footage 5,984
Net Rentable (SqFt) 5,984
Units 3
Cap Rate 4.7%
NOI $129,230
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps No
Lease Options Yes, Renewable
Price per SqFt $460
Broker Co-Op Yes
Year Built 1976
Year Renovated 1999
Acreage 0.810
Zoning C3
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 08/31/2016
Occupancy Date 08/31/2016

Prime Commercial Property with Endless Possibilities

Marketing description

Seller is highly motivated and the property has been recently appraised—this is a strong investment opportunity, ask me why! This prime income-producing C3-zoned commercial property offers exceptional visibility near the international airport with approximately 7,000 cars passing daily, positioned at the center of a busy industrial hub and a thriving residential community. The site features an operating gas station with four well-maintained pumps, newer double-wall fiberglass tanks, and potential for an additional tank for diesel, along with a fully functioning convenience store offering high potential increase. Units A, B, and C—currently operating as a barber shop/nail salon, restaurant, and bar/nightclub— all units are leased, providing immediate income with opportunities to renew, release or renegotiate higher rents, or repurpose for new ventures. This is a rare chance to secure a high-visibility, multi-income commercial asset—your next business opportunity is RIGHT HERE, call me to discuss.

Your Business Opportunity:

Alternatively, envision your own venture! Cancel existing leases and launch your dream business in this dynamic space.

Community Benefits:

-Industrial Synergy: Close proximity to industrial zones ensures a steady flow of workers seeking convenience and relaxation.

-Residential Appeal: Residents appreciate having all these amenities nearby—a one-stop destination for their daily needs.

-Airport Advantage: Travelers passing through the nearby international airport may become repeat customers.

Investment Potential:

- With the existing leases and the potential for your own business, this property promises a solid return on investment.

- Expand and Thrive: Consider adding additional services or expanding existing ones to maximize revenue.

Don't miss out on this multifaceted gem! Contact me today to explore this exciting opportunity.

For more details or to schedule a viewing, please reach out to Nahed Georgy 407-951-2023. I'm here to guide you toward a prosperous investment!

Investment highlights

Location: Strategically situated in a bustling area near the international airport, this property enjoys high visibility and daily traffic for approximately 7,000 cars. It's at the heart of both an industrial hub and a thriving residential community.
Features
- Gas Station: Four well-maintained pumps cater to fuel needs with double fiber glass tanks, ensuring a steady stream of customers.
- Convenience Store: The attached convenience store offers snacks, beverages, and essentials, making it a go-to spot or full hot meal for travelers and locals alike.
-Nail Salon /Barber Shop
-Breakfast Bar /Night Club
-Three Active Leases: Currently in place, the three thriving businesses operate here. You have the option to renew these leases, negotiate higher rents, or explore new ventures.



Listing Contacts

NG
FL SL3160895
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,230.00
$10,769.17/mo

Valuation Metrics

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DSCR
4.7%
Cap Rate
4.7%
ROI

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Additional Information

Name
Nahed Georgy
License
SL3160895
Brokerage
Coldwell Banker Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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